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What can you conclude from looking at this graph? Apple Inc., dividends per share (DPS) forecast US$ Year Value DPS t or Terminal value (TV
What can you conclude from looking at this graph?
Apple Inc., dividends per share (DPS) forecast
US$
| Year | Value | DPStor Terminal value (TVt) | Calculation | Present value at14.89% |
|---|---|---|---|---|
| 0 | DPS01 | 0.79 | ||
| 1 | DPS1 | 1.11 | =0.79 (1 +39.75%) | 0.97 |
| 2 | DPS2 | 1.48 | =1.11 (1 +33.38%) | 1.12 |
| 3 | DPS3 | 1.88 | =1.48 (1 +27.00%) | 1.24 |
| 4 | DPS4 | 2.27 | =1.88 (1 +20.63%) | 1.30 |
| 5 | DPS5 | 2.59 | =2.27 (1 +14.25%) | 1.30 |
| 5 | Terminal value (TV5) | 465.95 | =2.59 (1 +14.25%) (14.89%-14.25%) | 232.78 |
| Intrinsic value of Apple Inc.'s common stock (per share) | $238.71 | |||
| Current share price | $142.81 |
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Here are some conclusions we can draw from this graph Apples dividends per share DPS have been growi...
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
