You are covering Mega Motors Corp. stock, and have prepared the following estimates of the company's...
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You are covering Mega Motors Corp. stock, and have prepared the following estimates of the company's dividends over the next five years: Year 1: $2.05 Year 2: $2.25 Year 3: $2.40 Year 4: $2.52 Year 5: $2.62 After year 5, you expect dividends to grow at a constant rate of 4%. The required rate of return on equity is 8.5%. What is the value of the stock based on your estimates? You are covering Mega Motors Corp. stock, and have prepared the following estimates of the company's dividends over the next five years: Year 1: $2.05 Year 2: $2.25 Year 3: $2.40 Year 4: $2.52 Year 5: $2.62 After year 5, you expect dividends to grow at a constant rate of 4%. The required rate of return on equity is 8.5%. What is the value of the stock based on your estimates?
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Related Book For
Project management the managerial process
ISBN: 978-0073403342
5th edition
Authors: Eric W Larson, Clifford F. Gray
Posted Date:
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