AuthorTopic: Is there a way to solve for the problem without iteration?
cfa1310
@2015-03-06 11:11:29
Given that a firm’s current dividend is $2.00, the forecasted growth is 7% for the next two years and 5% thereafter, and the current value of the firm’s shares is $54.50, what is the required rate of return?

CFA Discussion Topic: Is there a way to solve for the problem without iteration?

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes