Question
Using the Non-Constant Growth Model, calculate the (intrinsic) value of a stock paying the following dividend and with the given values for the 'required rate
Using the Non-Constant Growth Model, calculate the (intrinsic) value of a stock paying the following dividend and with the given values for the 'required rate of return' ( or 'r') and assumed constant growth rate (or 'g'). The non-constant growth period is 4 years.
t=o dividend: $7.50 per year
Non-constant growth rate: 18.0% per year
Constant growth rate 7.0% per year after the non-constant growth period
Required rate of Return: 12.6%
final answer here: _________this should be a per-share value rounded to the nearest cent.
This is excel exercise
Can you please show your work?
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