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If possible can you show the work on excel, thank you! The earnings of Accurate Forecasting Company are expected to grow at an annual rate
If possible can you show the work on excel, thank you!
The earnings of Accurate Forecasting Company are expected to grow at an annual rate of 14% over the next 5 years and then slow to a constant rate of 10% per year. Accurate currently pays a dividend of $0.36 per share. What is the value of Accurate stock to an investor who requires a 16% rate of return? If stock has a market price of $15 do you buy? Show all work and discussStep by Step Solution
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