Question
A stock just paid an annual dividend of $7.1. The dividend is expected to grow by 2% per year for the next 4 years. In
A stock just paid an annual dividend of $7.1. The dividend is expected to grow by 2% per year for the next 4 years. In 4 years, the P/E ratio is expected to be 17 and the payout ratio to be 60%. The required rate of return is 8%. What is the intrinsic value of the stock?
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Liquidity Risk Management In Banks Economic And Regulatory Issues
Authors: Roberto Ruozi, Pierpaolo Ferrari
1st Edition
3642295800, 978-3642295805
