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DL Ltd has a surprise project out of R&D causing rapid growth. We expect 30% 28%, and 20% over the next 3 years. After that
DL Ltd has a surprise project out of R&D causing rapid growth. We expect 30% | ||||||||
28%, and 20% over the next 3 years. After that point, we expect to drop back to a | ||||||||
constant rate of 8% and maintain it into the future. The last dividend was $1.10. | ||||||||
They have calculated r at 11%. What is your estimate of the stock's current value? |
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