Use the below information to solve the requirement in next 5 years: 49,200 3.59B stock prices Shares
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Use the below information to solve the requirement in next 5 years:
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49,200 3.59B stock prices Shares Outstanding Next 5 Years (per annum) 3.10% Forward Dividend & Yield 2.22 (4.38%). Avg Payout Ratio for the prior two years % 35 ww a. Create a timeline in Excel for five years b. Determine the long-term growth rateg =Retention Ratex Return on New Investment c. Use the long-term growth rate to determine the stock price for D year five using P=_ r-g D. Determine the current stock price using: P= (1+Dir)1+ (1+D2r)2 + (1+D3r)3 + (1+D4r)4+ (1+Dsr)s+ (r-Dgn) P= D (r-g) Why does your estimate differ from the actual stock price of CK Asset Holdings? 49,200 3.59B stock prices Shares Outstanding Next 5 Years (per annum) 3.10% Forward Dividend & Yield 2.22 (4.38%). Avg Payout Ratio for the prior two years % 35 ww a. Create a timeline in Excel for five years b. Determine the long-term growth rateg =Retention Ratex Return on New Investment c. Use the long-term growth rate to determine the stock price for D year five using P=_ r-g D. Determine the current stock price using: P= (1+Dir)1+ (1+D2r)2 + (1+D3r)3 + (1+D4r)4+ (1+Dsr)s+ (r-Dgn) P= D (r-g) Why does your estimate differ from the actual stock price of CK Asset Holdings?
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a Creating a timeline in Excel for five years Year Dividend Stock Price 1 222 2 229 3 236 ... View the full answer
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Posted Date:
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