Share Valuation - Example 8.3 p238 continued..
{"Image DocumentName": "Share Valuation - Example 8.3 p238 continued..", "Image ImageDescription": "What is the price expected to be in year 4? D5 = D1(1+g)4. P4 = 4(1+.06)4 / ( ) = 5.05/0.10 = What is the implied return given the change in price during the four year period? = 40(1+return)4; return = 6%", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}