Procter and Gamble (PG) paid an annual dividend of $ 2.82 in 2021. You expect PG to increase its dividends by 7.3 % per year for the next five years (through 2026), and thereafter by 2.9 % per year. If the appropriate equity cost of capital for Procter and Gamble is 8.3 % per year, use the dividend-discount model to estimate its value per share at the end of 2021.

Procter and Gamble (PG) paid an annual dividend of $ 2.82 in 2021. You expect PG to increase its dividends by 7.3 % per year for the next five years (through 2026), and thereafter by 2.9 % per year. If the appropriate equity cost of capital for Procter and Gamble is 8.3 % per year, use the dividend-discount model to estimate its value per share at the end of 2021.

Name: Mm. 144. Procter and Gamble (PG) paid an annual dividend of $ 2.82 in
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Description: Mm. 144. Procter and Gamble (PG) paid an annual dividend of $ 2.82 in 2021. You expect PG to increase its dividends by 7.3 % per year for thenext five years (through 2026), and thereafter by 2.9 % per year. If the appropriate equity cost of capital f

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter7: Common Stock: Characteristics, Valuation, And Issuance

Section: Chapter Questions

Problem 12P

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