Question
Universal Furniture Offerings, symbol UFO, is currently selling for $31 per share. The dividends for the next three years are expected to be $0.18 for
Universal Furniture Offerings, symbol UFO, is currently selling for $31 per share. The dividends for the next three years are expected to be $0.18 for 2019, $0.24 for 2020, and $0.28 for 2021. We forecast the price per share to be $44 at the end of 2021. If we desire a rate of return of 8%, using the Discounted Cash Flow Model, would we consider this a good investment? What do we believe UFO is worth?
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Governing Global Finance
Authors: Michele Fratianni, Paolo Savona
1st Edition
1138742147, 978-1138742147
