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Author Question: Nikko Companys last dividend was $1.60. The dividend growth rate is expected to be constant at 17% ... (Read 77 times)

ahunt13

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on: Aug 7, 2023
Nikko Company’s last dividend was $1.60. The dividend growth rate is expected to be constant at 17% for 3 years, after which dividends are expected to grow at a rate of 8% forever. If Nikko’s required return (rs) is 13%, what is the company’s current share price?

◦

$42.91


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$43.20


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$43.52


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$43.85

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Marked as best answer by ahunt13 on Aug 7, 2023

StephaniaF

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Reply #1 on: Aug 7, 2023
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ahunt13

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Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review

Mochi

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Reply 3 on: Yesterday
Gracias!

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