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i found multiple different answers online. I just want to make sure its right CFA 8: Helen Morgan, CFA, has been asked to use the

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i found multiple different answers online. I just want to make sure its right

CFA 8: Helen Morgan, CFA, has been asked to use the dividend discount model to determine the value of Sundanci, Inc. Morgan anticipates that Sundanci's earnings and dividends will grow at 32% for two years and 13% thereafter. Calculate the current value of a share of Sundanci stock by using a two-stage dividend discount model and the data from table Income Statement Revenue Depreciation Other operating costs Income before taxes Taxes Net Income Dividends EPS Dividend Per Share Common Shares outstanding 84.0 Balance Sheet Current Assets Net Total Assets Current liabilit Long term debt Total Liabilities Shareholders equit Total liabilities and equit Capital Expenditures 2016 568S 23 460 115 35 80 24 0.9528 0.286 84.0 2016 326 489 815 141 0 141 674 815 38 2015 4748 20 368 86 26 60 0.714$ 0.214 2015 201 474 675 57 0 57 equi 675 34 Requires return on equity: 14% : Growth rate of industry: 13% ; Industry p/e ratio: 26

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