Business
Business, 12.11.2019 04:31, nanda22

Assume gillette corporation will pay an annual dividend of $0.65 one year from now. analysts expect this dividend to grow at 12% per year thereafter until the fifth year. after then, growth will level off at 2% 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%?

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Assume gillette corporation will pay an annual dividend of $0.65 one year from now. analysts expect...

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