Question
MercedesF1 currently has a dividend payout ratio of 100% which is expected to stay constant in perpetuity. MercedesF1's next year's dividend per share is expected
MercedesF1 currently has a dividend payout ratio of 100% which is expected to stay constant in perpetuity. MercedesF1's next year's dividend per share is expected to be equal to $10.57 and their cost of equity is equal to 7.68%.
What is the intrinsic value of one share of stock equal to?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
