Question
Deployment Specialists pays a current (annual) dividend of $1 and is expected to grow at 20% for two years and then at 7% thereafter. If
Deployment Specialists pays a current (annual) dividend of $1 and is expected to grow at 20% for two years and then at 7% thereafter. If the required return for Deployment Specialists is 9.5%, what is the intrinsic value of Deployment Specialists stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Intrinsic value $
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International Financial Reporting A Practical Guide
Authors: Alan Melville
6th edition
1292200743, 1292200766, 9781292200767, 978-1292200743
