Question
TNF Pharmaceuticals currently pays a dividend of $2 per share. The dividend is expected to remain constant forever. Investors require a rate of return of
TNF Pharmaceuticals currently pays a dividend of $2 per share. The dividend is expected to remain constant forever. Investors require a rate of return of 20% to invest in stocks of similar risk. Based on this information, the stock's "intrinsic value" (or DCF value) is?
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Fundamentals Of Investments
Authors: Charles J. Corrado
3rd Edition
0072829192, 978-0072829198
