1 Based on analyst forecasts of profit and (closing) equity for ABC in the following table, what...

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1 Based on analyst forecasts of profit and (closing) equity for ABC in the following table, what is the total equity value of ABC using the discounted abnormal earnings model if analysts forecast the company' abnormal earnings will grow at 5% p.a. constantly beyond the forecast horizon, assume that ABC's cost of equity is 15%? (rounding up numbers to 2 decimal places, and showing the workings of calculations) 2022A 2023F 2024F 2025F Net profit 248,555 246,025 288,411 Closing equity 947,600 1,034,594 1,120,703 1,186,6

Posted Date: Jun 25, 2024 04:07 PM

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1 Based on analyst forecasts of profit and (closing) equity for ABC in the following table, what...

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