P8.8 Amalgamated Aircraft Parts is expected to pay a dividend of $1.50 in the coming year. The

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P8.8 Amalgamated Aircraft Parts is expected to pay a dividend of $1.50 in the coming year.

The required rate of return is 16%, and dividends are expected to grow at 7% per year. Using the dividend valuation model, find the intrinsic value of the company’s shares.

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Fundamentals Of Investing

ISBN: 9781442532885

3rd Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott Smart, Roger Juchau, Donald Ross, Sue Wright

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