Answer to Question #145774 in Financial Math for Hien NGUYEN

Question #145774
9. The last dividend paid by Paris Securities, Ltd. just paid a dividend of $2.15. The company projects supernormal growth of 16% annually for the next two years. After that growth is expected to slow down to a normal 4% annual growth rate which will go on indefinitely. The dividends will grow accordingly. If the required annual rate of return is 11%, how much would you pay for a share of Paris Securities today?
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Expert's answer
2020-11-22T16:59:35-0500
Dear Hien NGUYEN, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order

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