Question
Hart Ent. recently paid a dividend, D, of $3.75. It expects to have non constant growth of 15% for 2 years followed by a constant
Hart Ent. recently paid a dividend, D, of $3.75. It expects to have non constant growth of 15% for 2 years followed by a constant rate of 4% thereafter. The firms required return is 12%
a.Whats the firms horizontal , or continuing, value?
b.Whats the firms intrinsic value today,P0?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham
Concise 9th Edition
1305635937, 1305635930, 978-1305635937
