Question
I have to find the DVM value of the company. The annual dividend is $1.91. The dividend for the first four years are as follows:
I have to find the DVM value of the company. The annual dividend is $1.91. The dividend for the first four years are as follows:
Year 1 dividend is 2.15
year 2 is 2.42
year 3 is 2.72
year 4 is 3.06
future years are at 8% growth. The required rate of return is r=12%
I have for the setup as 3.06(1+.08)/(.12-.08) which gives me $82.62 which I don't think is right. what is the DVM of the company?
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Succeeding in Business with Microsoft Excel 2013 A Problem Solving Approach
Authors: Debra Gross, Frank Akaiwa, Karleen Nordquist
1st edition
978-1285099149, 9781285963969, 1285099141, 1285963962, 978-1285715346
