Question: please solve using excel and highlight your answer Your company has just successfully completed some R&D work that leads you to expect that its earnings
please solve using excel and highlight your answer
Your company has just successfully completed some R&D work that leads you to expect that its earnings and dividends will grow at a rate of 43.00% this year, 29.00% next year, after which growth should match the 6.00% industry average growth rate, which is a more sustainable rate. The last dividend paid (Do) was $1.04 and your firm's WACC is 12.89%. What is the value per share of your firm's stock
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