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NFTs R US corporation with a beta of 2.1 just paid a dividend of $1.80. The risk-free rate is 0.5% and the expected market return
NFTs R US corporation with a beta of 2.1 just paid a dividend of $1.80. The risk-free rate is 0.5% and the expected market return is 5.50%. Your growth analysts have concluded that the growth rate earnings per share and dividends will be 7.0% per year for the next three years and 2.50% per year thereafter. Calculate the value per share of NFTs R US stock using a portfolio of Gordon growth models as described in class.
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