Question
Deployment Specialists pays a current (annual) dividend of $1 and is expected to grow at 20% for two years and then at 5% thereafter. If
| Deployment Specialists pays a current (annual) dividend of $1 and is expected to grow at 20% for two years and then at 5% thereafter. If the required return for Deployment Specialists is 8.0%, 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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Intermediate Financial Theory
Authors: Jean-Pierre Danthine, John B. Donaldson
2nd Edition
0123693802, 978-0123693808
