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18. The last dividend paid by Yum! Brands, Inc. (YUM) was $1.88. Yum's annual dividend growth rate is expected to be 20 percent for 2
18. The last dividend paid by Yum! Brands, Inc. (YUM) was $1.88. Yum's annual dividend growth rate is expected to be 20 percent for 2 years. after which dividends are expected to grow at a rate of 3 percent forever. Yum's required rate of return on equity discount ratel is & percent. What is the current intrinsic value of Yum's common stock? If the stock market price is $60, what is your investment recommendation (buy, hold or sell)? (Nonconstant growth model)
The last dividend paid by Yum! Brands, Inc. (YUM) was $1.88. Yum's annual dividend growth rate is expected to be 20 percent for 2 years.
after which dividends are expected to grow at a rate of 3 percent forever. Yum's required rate of return on equity discount ratel is &
percent. What is the current intrinsic value of Yum's common stock? If the stock market price is $60, what is your investment
recommendation (buy, hold or sell)? (Nonconstant growth model)
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