Question
Deployment Specialists pays a current (annual) dividend of $1 and is expected to grow at 25% for two years and then at 6% thereafter. If
Deployment Specialists pays a current (annual) dividend of $1 and is expected to grow at 25% for two years and then at 6% thereafter. If the required return for Deployment Specialists is 11.5%, what is the intrinsic value of Deployment Specialists stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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Financial Management In The Sport Industry
Authors: Matthew T. Brown, Daniel A. Rascher, Mark S. Nagel, Chad D. McEvoy
3rd Edition
0367321211, 978-0367321215
