13. Two-stage DCF model (S4.4) Company Z-prime is like Z in Problem 8 in all respects save...
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13. Two-stage DCF model (S4.4) Company Z-prime is like Z in Problem 8 in all respects save one: Its growth will stop after year 4. In year 5 and afterward, it will pay out all earnings as dividends. What is Z-prime’s stock price? Assume next year’s EPS is $15.
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Related Book For 
Principles Of Corporate Finance
ISBN: 9781264080946
14th Edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans
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