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Need help with formulas for value of residual income model with Geometric Average/Arithmetic Average. The correct answers are shown to the right (121.88 and 122.02).
Need help with formulas for value of residual income model with Geometric Average/Arithmetic Average. The correct answers are shown to the right (121.88 and 122.02). Just need excel format in those two empty boxes!
2017 15.58 $ -0.06% 2018 15.80 $ 1.41% 2019 Growth Rate 15.90 0.63% 2.04% 2.06% 2.04% Geometric Average 2.06% Arithmetic Average 14 Risidual Income Model 15 2014 2015 2016 16 Earnings Per Share s 14.37 $ 14.94 $ 15.59 $ 17 EPS Growth 3.97% 4.35% 18 19 Required Rate of Return 15.00% 20 Book value per share $ 21.28 21 22 Value of Stock using Residual Income Model with Geometric Average: 23 Value of Stock using Residual Income Model with Arithmetic Average: w 121.88 122.02Step by Step Solution
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