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Assuming a company has the following information: Current book value per share equals $ 2 2 . 0 0 . For the next three years,
Assuming a company has the following information:
Current book value per share equals $
For the next three years, EPS is expected to be $ $ and $ respectively.
Dividends for the next three years are expected to be $ $ and $ respectively.
The Year dividend is expected to be a liquidating dividend, ie the company is anticipated to cease its operations at the end of Year and distribute its entire book value in a dividend.
The required rate of return on equity of
Its intrinsic value would be closest to:
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