Question
What is the fundamental price per share using the dividend discount model and constant annuity growth formula such that the growth rate is the geometric
What is the fundamental price per share using the dividend discount model and constant annuity growth formula such that the growth rate is the geometric average historical growth rate?Last 5 yrs of annual dividend starting with the most recent:
$1, $0.95, $1, $0.85, $0.8
Stock beta of 0.8
Risk free rate of 3.5%
Market rate of 10%
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
