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For the following questions, we will use Costco Wholesale Corporation ( COST ) as our subject company. The forward dividend ( D 1 ) is
For the following questions, we will use Costco Wholesale Corporation COST as our subject company.
The forward dividend D is The current price P is The PE ratio is with an EPS of
Assume the required return is Assume that COSTs dividends will grow at for the three years following the next dividend, and then switch to a constant growth rate of What is the intrinsic value of COST under these assumptions?
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