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Constant growth valuation Harrison Clothiers' st...

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Constant growth valuation Harrison Clothiers' stock currently sells for $20 a share. It just paid a dividend of $1.00 a share (that is, Do=$1.00). The dividend is expected to grow at a constant rate of 6 percent a year. What stock price is expected 1 year from now? What is the required rate of return?

 

Paper#1483 | Written in 18-Jul-2015

Price : $25
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