Question
A firm is expected to make four dividend payments of 0.35. Then dividends are expected to stop for 2 periods. At that point the stock
A firm is expected to make four dividend payments of 0.35. Then dividends are expected to stop for 2 periods. At that point the stock has a forecasted EPsS of $14.40 and a PE ratio of 13.8. If the required return of the stock is 15%, what is its intrinsic value?
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International Financial Markets And The Firm
Authors: Piet Sercu, Raman Uppal
1st Edition
1861523548, 978-1861523549
