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Hello, I'm looking for a solution to the following accounting problem. Following are forecasts of The College Company's sales, NOPAT, and NOA for 2016 and
Hello, I'm looking for a solution to the following accounting problem.
Following are forecasts of The College Company's sales, NOPAT, and NOA for 2016 and onward: Assume a discount rate of 6%, a continuing period growth rate of 2%, common shares outstanding of 883 million, and net financial liabilities of $5,218 million. Using the residual income model, the estimated value of a share of The College Company's common stock should be approximately: $51.74 $55.57 $57.66 $69.49
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