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Assume JPM pays a $4.00 annual dividend which is expected to grow yearly at a rate of 5.5%. Calculate JPM's firm value assuming a 5-year
Assume JPM pays a $4.00 annual dividend which is expected to grow yearly at a rate of 5.5%. Calculate JPM's firm value assuming a 5-year horizon and a required rate of return (ke) of 10%. Hint: You will need to calculate the terminal value of JPM to include in your calculations. Using a dividend discount model will help. Show your calculations
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