According to the dividend-discount model what is the value


Assume Gillette Corporation will pay an annual dividend of $0.67 one year from now. Analysts expect this dividend to grow at 11.3% per year thereafter until the 66th year.? Thereafter, growth will level off at 2.5 % per year. According to the? dividend-discount model, what is the value of a share of Gillette stock if the? firm's equity cost of capital is 8.8%?

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Financial Management: According to the dividend-discount model what is the value
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