Tower industries expects to pay a dividend of 240 at the
Tower Industries expects to pay a dividend of $2.40 at the end of year 1. Dividends will grow by 25% each year until year 4. After year 4, the firm expects a constant growth rate of 5%. If investors require 12%, what is the current share price?
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tower industries expects to pay a dividend of 240 at the end of year 1 dividends will grow by 25 each year until year 4
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