Question
A firm is expected to make four dividend payments of 2.95. Then dividends are expected to stop for 2 periods. At that point the stock
A firm is expected to make four dividend payments of 2.95. Then dividends are expected to stop for 2 periods. At that point the stock has a forecasted EPsS of $5.60 and a PE ratio of 17.1. If the required return of the stock is 15%, what is its intrinsic value?
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
2nd Edition
0471111864, 978-0471111863
