Question
Explain all information on the stock quote summary web page Use the following three methods to determine if you will purchase this stock at current
Explain all information on the stock quote summary web page Use the following three methods to determine if you will purchase this stock at current market price. Assume market interest rate (r) as 12%, constant dividend growth rate (g) as 10%, and industry average P/E ratio as 20 times (1) True value method (Gordon dividend valuation model ) (2) Annual rate of return method (Gordon dividend valuation model) (3) P/E multiples approach 3. If you purchased this stock at 52 week range low, sold it at current market price, and you also received dividend during this holding period; calculate holding period rate of return
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