Problem 9-4 Nonconstant growth valuation Hart Enterprises recently paid a dividend, D0, of $2.50. It expects to have nonconstant growth of 25% for 2 years
Problem 9-4 Nonconstant growth valuation Hart Enterprises recently paid a dividend, D0, of $2.50. It expects to have nonconstant growth of 25% for 2 years followed by a constant rate of 7% thereafter. The firm's required return is 11%. What is the firm's horizon, or continuing, value? Round your answer to two decimal places. $ What is the firm's intrinsic value today, P0? Round your answer to two decimal places. $
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Authors: Roger Staiger
2nd Edition
1138046183, 978-1138046184
