Question: Estimate the intrinsic value for 2019 for Royal, Inc. using the constant growth model given the following information. Your estimation period is the most recent
- Estimate the intrinsic value for 2019 for Royal, Inc. using the constant growth model given the following information. Your estimation period is the most recent five years ending in 2018. You have an opportunity cost of 15%. (table)
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | VALUE LINE PUB. LLC |
| 8.06 | 7.89 | 7.91 | 8.70 | 8.79 | 9.38 | 9.70 | 10.05 | Sales per sh |
| 2.77 | 2.32 | 1.96 | 2.13 | 2.82 | 3.07 | 3.20 | 3.35 | Cash Flow per sh |
| 1.65 | 1.41 | 1.11 | 1.17 | 1.73 | 1.87 | 2.05 | 2.25 | Earnings per sh A G |
| .96 | 1.04 | 1.12 | 1.20 | 1.28 | 1.36 | 1.44 | 1.52 | Divds Decid per sh B |
a_$19.83
b_$34.43
c_$17.43
d_$27.16
e_$42.15
the question is complete
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
