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III. Stock Valuation (15 points) r Add to watch Cisco Systems, Inc. (CSCO) NasdaqGS - NasdaqGS Real Time Price. Currency in USD 45.16-0.32 (-0.70%) Buy

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III. Stock Valuation (15 points) r Add to watch Cisco Systems, Inc. (CSCO) NasdaqGS - NasdaqGS Real Time Price. Currency in USD 45.16-0.32 (-0.70%) Buy At close. May 16 4.00PM EDT Summary Chart Conversations Statistics Profile Fir Previous Close Open Bid Ask Day's Range 217.559B 1.26 NIA 45.48 Market Cap 45.36 Beta 43.27 x 1000 PE Ratio (TTM) 43.43 x 800 EPS (TTM) -0.29 45.01-45.54 Eaings Date4ug 20, 2018 Aug 14, 2018 52 Wook Range 30.36 46.37 Forward Dividend 1.32 (3.05%) 2018-04-04 48.85 & Yield Volume 31,253,656 Ex-Dividend Date Avg Volume 25,326,608 y Target Est Using forward dividend and one year target estimate, calculate the value of CSCO stock if the required rate of return is 15%. Should you buy the stock? Should you buy the stock if your required rate of return is 8%? Assume that dividend will grow at a constant rate of 8.5% indefinitely, what approach could you use to value the stock? Should you buy the stock if your required rate of return of 15%. Assume that dividend will grow at 8.5% for the next 2 years and then will grow by 5% indefinitely. What approach could you use to value the stock? Should you buy the stock if your required rate of return of 15%. a. b. C. d

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