Estimate value per share

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Procter and Gamble? (PG) paid an annual dividend of $2.92 in 2018. You expect PG to increase its dividends by 8.8% per year for the next five years? (through 2023), and thereafter by 2.6% per year. If the appropriate equity cost of capital for Procter and Gamble is 7.5% per? year, use the? dividend-discount model to estimate its value per share at the end of 2018.

Reference no: EM132964874

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