Question
Please assist. I have the calculations below, but I am not sure how to get the correct answer. Target Corporation Estimated value of the per
Please assist. I have the calculations below, but I am not sure how to get the correct answer.
Target Corporation
"Estimated value of the per share common stock price using either the DCF or ROPI model."
share outstanding= 498,616,180?
= 504,198,962?
498,616,180 (Outstanding Shares) - 5,700,000 (Repurchase of Stock) = 492,916,180 (Number of shares outstanding)
25,148 (Firm Value) / 492,916,180 (Outstanding Shares) =
Help Please. I am not sure if I have the model correct.
Received data Target's Financial information from:
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000027419/000002741921000010/tgt-20210130.htm#i5d6e11e9e8174675a063efd3d071738e_106
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Fraud Examination
Authors: W. Steve Albrecht
6th Edition
1337619671, 978-1337619677
