Question
Multistage Growth At the beginning of 2010 stock of Boatright Stores is projecting the following dividends Year Dividend 2010 0.87 2011 0.98 2012 1.19 After
Multistage Growth At the beginning of 2010 stock of Boatright Stores is projecting the following dividends
| Year | Dividend |
| 2010 | 0.87 |
| 2011 | 0.98 |
| 2012 | 1.19 |
| After this dividend growth will be steady. Value Line forecasts a retention rate of 60% and a long term ROE of 13%. The required return for Boatright is 14%. The intrinsic value of Boatright is ________. |
Multiple Choice
-
$1.26
-
$3.50
-
$16.29
-
$15.14
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Options Trading How To Get From Zero To Six Figures With Options Trading
Authors: Jonathan S Walker
1st Edition
981495053X, 978-9814950534
