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Can you show me how to solve in Excel? 8-19 Value a Constant Growth Stock Financial analysts forecast Safeco Corp.s (SAF) growth rate for the
Can you show me how to solve in Excel?
8-19 Value a Constant Growth Stock Financial analysts forecast Safeco Corp.s (SAF) growth rate for the future to be 10 percent. Safecos recent dividend was $1.20. What is the value of Safeco stock when the required return is 12 percent? Use equation 8-6: ( ) ( ) 00 . 66 $ 10 . 0 12 . 0 10 . 0 1 20 . 1 $ 1 model growth Constant 0 0
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