Question: Relevant data for The Procter & Gamble Company (PG) is provided below. The Procter & Gamble Company Expected Annual DividendsYear$3.722023$3.922024$4.142025$4.362026 5.48%Stage1 dividend growth (g1)2.00%Stage2 dividend
Relevant data for "The Procter & Gamble Company (PG)" is provided below.
The Procter & Gamble Company Expected Annual DividendsYear$3.722023$3.922024$4.142025$4.362026 5.48%Stage1 dividend growth (g1)2.00%Stage2 dividend growth (g2)0.44Stock Beta ()2.817%Risk-free Rate (Rf)6.00%Market Risk Premium (MRP)$152.61Current Stock Price
How much is the Value of this company's stock using the 2-stage dividend discount method? Enter your answer in the following format:123.45 Hint1: The answer is between 116.98 and 119.34 Hint2: R=5.457%; CF4=$133.06
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
