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Consider the following data for DFA company: Last dividend paid in 2020: 6.91/share Book value of Equity: 71/share Net Profit per share 2020: 11.6/share Average
Consider the following data for DFA company: Last dividend paid in 2020: 6.91/share Book value of Equity: 71/share Net Profit per share 2020: 11.6/share Average dividend payout: 79% Required Rate of Return: 14.41% Using the above data compute the sustainable growth rate (use the simple formula (ROE*(1-dividend payout). Use the obtained rate to estimate the value of a share of DFA Company using a constant growth model. You must round your price result with two decimals. If your result is 58.916 enter: 58.92 How do I solve this in excel?
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