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Taussig Technologies Corporation (TTC) has been growing at a rate of 20% per year in recent years. This same growth rate is expected to last
Taussig Technologies Corporation (TTC) has been growing at a rate of 20% per year in recent years. This same growth rate is expected to last for another 2 years, and then decline at a constant rate of 6% thereafter. How much should you pay for the stock today if you know: c) Beta of TTC is 2.5 d) Return on the market is 7% e) Rate on a 10 year treasury bond is 5% f) TTC just paid a dividend of $1.60
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