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1. Exercise One: You are an equity researcher at Fortress Investments, and your team has the following estimates for future dividends, and stock price
1. Exercise One: You are an equity researcher at Fortress Investments, and your team has the following estimates for future dividends, and stock price for certain equity as shown in the table below. Given the aforementioned information, and a required return of 2.25%, (a) use a dividend discount model to compute the intrinsic value for this stock, (b) use a Data Table to graph the relation between required return, and intrinsic value for this stock, (c) if the market price is $105.96 per share, what is your recommendation to your trading desk? (3 Points). Time Dividend 1 2.25 2 3 4 5 5 2.35 2.37 2.40 2.45 105.77
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