Question
Assume the following information: Constant long-term growth rate Constant long-term ROE 9.5% 13% Current market price Book value per share Cost of equity What
Assume the following information: Constant long-term growth rate Constant long-term ROE 9.5% 13% Current market price Book value per share Cost of equity What is the intrinsic value per share of the equity? $150.70 $55.81 11%
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
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