Find the current stock price from the following information
Find the current stock price from the following information:
Cost of equity = 14%
for 7 years the company pays no dividend, but promises to pay dividend of $14.25 in 8th year.
and therefrom having growth rate in dividend of 6%.
Now Priced at $5 (50% Discount)
Recommended (96%)
Rated (4.8/5)
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find the current stock price from the following informationcost of equity 14for 7 years the company pays no dividend
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