Question
Power Build Constructions (PCB) has just declared an annual dividend of EUR 4.86 per share, with dividends expected to grow at 3.9% p.a. indefinitely. PCB
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Power Build Constructions (PCB) has just declared an annual dividend of EUR 4.86 per share, with dividends expected to grow at 3.9% p.a. indefinitely. PCB has a beta of 1.3 and the risk-free rate is currently 2.3%. If the required rate of return for investors in PCB shares is 11.2% p.a., the intrinsic value of PCB per share is closest to:
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EUR 56.74
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EUR 66.58
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EUR 69.17
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Handbook Of Blockchain Digital Finance And Inclusion
Authors: David Lee, Robert H. Deng
1st Edition
0128104414, 978-0128104415
