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confused, dividend growth model

Former userFormer user10y ago

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John MoffatJohn MoffatTutor10y ago#1
The formula has as the numerator Do(1+g). This is the same as the dividend in 1 years time (D1) because the dividend in 1 years time will be the current dividend multiplied by 1+g.
John MoffatJohn MoffatTutor10y ago#2
You are welcome :-)
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