Ch_08_Stock_Valuation

Ch_08_Stock_Valuation - $11.44 Continuation Value $228.75...

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Dividend Discount Model Inputs Levered Cost of Equity Capital 12.0% 24 2nd Stage: Dividend Discount Model First Stage: Finite Horizon Infin Horiz Year 0 1 2 3 4 5 6 Dividend Growth Rate 12.0% 11.0% 10.0% 9.0% 8.0% 7.0% Dividend $6.64 $7.44 $8.25 $9.08 $9.90 $10.69
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Unformatted text preview: $11.44 Continuation Value $228.75 Dividend + Continuation Value $7.44 $8.25 $9.08 $9.90 $239.44 $11.44 PV of Dividend + Contin. Value $6.64 $6.58 $6.46 $6.29 $135.87 $5.79 Stock Value $161.84 S TOCK V ALUATION...
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