Question
A firm is expected to make four dividend payments of 2.60. Then dividends are expected to stop for 7 periods. At that point the stock
A firm is expected to make four dividend payments of 2.60. Then dividends are expected to stop for 7 periods. At that point the stock has a forecasted EPsS of $17.20 and a PE ratio of 16.5. If the required return of the stock is 15%, what is its intrinsic value?
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Handbook Of Consumer Finance Research
Authors: Jing J. Xiao
1st Edition
1441926046, 978-1441926043
