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Natasha's Non-Fungible Tokens generates a 16% ROE on its investments forever. Natasha's NFTs distributes 60% of its earnings as dividends each year to its investors.
Natasha's Non-Fungible Tokens generates a 16% ROE on its investments forever. Natasha's NFTs distributes 60% of its earnings as dividends each year to its investors. The current book value for Natasha's NFTs is $500 per share. If the correct discount rate for Natasha's NFTs' cash flows is 15%, how much per share is Natasha's NFTs worth today?
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