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Youber Inc. has developed a revolutionary platform that provides intercity taxi services. As a result its earnings and dividends are projected to increase by 20%
Youber Inc. has developed a revolutionary platform that provides intercity taxi services. As a result its earnings and dividends are projected to increase by 20% per year for the next 3 years, after which its growth rate is likely to be more moderate at 5% per year for the foreseeable future. The company just paid a dividend of $2.00. If the required rate of return on the company's stock is 15%. What is the stock's current intrinsic value? What are the current dividend and capital gains yields? What will be the next year's stock price, the dividend and the capital gains yield
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