Question
Symantec corp. recently paid $6 in dividends per share; its Beta is 1.1. Long term treasury bonds yield 4% and the SP 500 has an
Symantec corp. recently paid $6 in dividends per share; its Beta is 1.1. Long term treasury bonds yield 4% and the SP 500 has an historical risk premium of 6%. Dividends are expected to grow at 10% for the next three years, 20% for the following three years, then 2% into perpetuity
. 30. What is its intrinsic values? A. $100.34 B. $111.22 C. $128.12
31.What is its 1-year target price? A.$104.40 B.$116.41 C.$135.10
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Introduction To Derivatives And Risk Management
Authors: Robert Brooks, Don M Chance
9th Edition
1133190197, 978-1133190196
