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Q1: Given the following information: div0 current dividend 0.5 g1 super growth rate 0.12 n1 super growth years 4 g2 normal growth rate 0.03 p0
Q1: Given the following information: | |
div0 current dividend | 0.5 |
g1 super growth rate | 0.12 |
n1 super growth years | 4 |
g2 normal growth rate | 0.03 |
p0 current share price | 75 |
Equity required rate of return | 0.6 |
(a)USING VBA, Write a function called Value to use Gordon Two-Stage Growth Model formula to calculate the fair valuation of the share. You should solve for the fair valuation of the share | |||||
(b)USING VBA. Write another function called Advice to compare the fair market price with the current trading price, if the fair price is higher, return Yes, otherwise, return No. | |||||
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