A company is forecast to pay a quarterly dividend of $0.35 for the next 16 quarters. After
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Question:
A company is forecast to pay a quarterly dividend of $0.35 for the next 16 quarters. After the 16-quarter period, the company is suggesting a dividend growth rate of 1.5%. Using the APT technique, you determine the appropriate required rate of return is 8.5%, compounded quarterly.
What is the company's intrinsic value?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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