Question
A stock just paid a dividend of $5.00. Dividends are expected to grow at a constant rate of 4.4%. If the required return of the
A stock just paid a dividend of $5.00. Dividends are expected to grow at a constant rate of 4.4%. If the required return of the stock is 15%, what is the intrinsic value of the stock?
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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
