Question
Hart Enterprises recently paid a dividend of $3.00. It expects to have nonconstant growth of 35.00% for 3 years followed by a constant rate of
Hart Enterprises recently paid a dividend of $3.00. It expects to have nonconstant growth of 35.00% for 3 years followed by a constant rate of 7.00% thereafter. The firm's required return is 12.00%.
a. What is the horizon, or continuing, value?
b. What is the intrinsic value today?
Question 15 options:
| a)$160.956; b)$125.658 | |
| a)$157.956; b)$165.337 | |
| a)$160.956; b)$165.337 | |
| a)$157.956; b)$125.658 |
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Fiduciary Finance Investment Funds And The Crisis In Financial Markets
Authors: Martin Gold
1st Edition
1848448953, 9781848448957
