k. Using the equation rs = D1/P0 + g, find approximate rs values for Kennedy and Strasburg.
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k. Using the equation rs = D1/P0 + g, find approximate rs values for Kennedy and Strasburg. Then use these values in the constant growth stock price model to find a price for Edelman’s stock. (Hint: We averaged the EPS and DPS g-values for Edelman.)
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Related Book For
Financial Management Theory And Practice
ISBN: 9781439078105
13th Edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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