Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Target Corporation (TGT) NYSE- NYSE Delayed Price. Currency in USD Use the information about Target stock to answer the remaining questions. 29. 5 points. Assume

image text in transcribed
Target Corporation (TGT) NYSE- NYSE Delayed Price. Currency in USD Use the information about Target stock to answer the remaining questions. 29. 5 points. Assume the dividend in the table is Do 54.16-5.93 (-9.87%) According to the dividend and earnings (EPS) in the table, what is the payout ratio? Market Cap Beta PE Ratio (TTM) EPS (TTM) Earnings Date Forward Dividend & Yield Ex-Dividend Date ty Target Est 29.584B 0.41 10.94 4.95 Nov 20, 2017 2.48 (4.18%) 2017-11-14 60.48 Nov 14, 2017 30. 4 points. Assume that the company will continue with the same payout policy and that EPS in 1 year are expected to be $5.53, what is the expected dividend in 1 year? 31. 7 points. Given the 1-year target price and the dividend you calculated, calculate the value of the stock today. Assume a required return of 7.25%. 32. 4 points. Would you buy the stock at its current price? Is it overvalued or undervalued

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions