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Please Show work and formulas Seinfeld Inc. just paid a dividend of $1.25 and projects supernormal growth of 25% for the next two years. Growth
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Seinfeld Inc. just paid a dividend of $1.25 and projects supernormal growth of 25% for the next two years. Growth is then expected to slow down to a normal 5%. Similar stocks are earning investors a return of 10%. a. What is the intrinsic value of this stock? (5 points) b. If the stock is selling for $45 on the NYSE, should you buy it? Why or why notStep by Step Solution
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The Oxford Handbook Of The Sociology Of Finance
Authors: Karin Knorr Cetina, Alex Preda
1st Edition
0198708777, 978-0198708773
