Question
The Group has been growing at 15% per yr in recent yrs. This expected to last for 3 more years. After 3 years, the growth
The Group has been growing at 15% per yr in recent yrs. This expected to last for 3 more years. After 3 years, the growth rate is expected to decline to 4% indefinitely. The last dividend (paid yesterday) is $1.6 and the required return on the firms equity is 10%, whats the intrinsic value of the firms stock today? show work
Instead the growth rate of 15% is expected to remain for the next 4 yrs and then level off to 6% for yrs 5,6,7. Therefore, dividends are expected to grow by 2% per yr indefinitely. what wouldbe the value of the stock today if the last div was 1.6? show work
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