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Estimate the firm's stock price using the information below You may use the time value of money formula or the Excel NPV function Beta 1.24
| Estimate the firm's stock price using the information below | ||||||||
| You may use the time value of money formula or the Excel NPV function | ||||||||
| Beta | 1.24 | |||||||
| rf | 1% | |||||||
| MRP | 5% | |||||||
| SHOW EQUATIONS USED IN EXCEL | ||||||||
| Time | Dividend ($) | Div growth (g) | ||||||
| 0 | 5.00 | |||||||
| 1 | 0% | |||||||
| 2 | 9% | |||||||
| 3 | 7% | |||||||
| 4 | 5% | |||||||
| 5 | 3% | |||||||
| 6 | 2% | per year, forever | ||||||
| 7 | ||||||||
| 8 | ||||||||
| 9 | ||||||||
| 10 | ||||||||
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Financial Management Theory And Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
17th Edition
0357714482, 9780357714485
