June 2012 Q4

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December 5, 2015 at 3:05 pm #287870
yushanshan
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Hi sir,
I just wonder the reason why growth rate of 100% is not used in Q4(b)
December 5, 2015 at 4:56 pm #287906
John Moffat
Keymaster
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Where are you getting 100% from?

You know the dividends for the next 3 years, and after that you are told that they will grow at 3% a year.

(And the market value, as always, is the present value of future dividends)
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