Question
Valuation Example 1: Value Equity at end of 2019 Cost of equity = 8.30% End of 2019 Book Value of Common Equity = $250,000 Shares
Valuation Example 1: Value Equity at end of 2019
Cost of equity = 8.30%
End of 2019 Book Value of Common Equity = $250,000
Shares Outstanding = 47,000
Net Income 2020 = $42,300
Perpetual growth in Residual Income after 2019= 3.50%
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Corporate Finance For Dummies
Authors: Michael Taillard
2nd Edition
1119850312, 978-1119850311
