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Procter and Gamble PG paid an annual dividend of 172 in 2009 You expect PG to increase its dividends by 8 per year for the next five years through 2014 and thereafter by 3 per year If the

Procter and Gamble (PG) paid an annual dividend of $1.72 in 2009. You expect PG to increase its dividends by 8% per year for the next five years (through 2014), and thereafter by 3% per year. If the appropriate equity cost of capital for Procter and Gamble is 8% per year, use the dividend-discount model to estimate its value per share at the end of 2009.

Jun 07 2021 View more View Less

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