EBK CORPORATE FINANCE
EBK CORPORATE FINANCE
4th Edition
ISBN: 9780134202778
Author: DeMarzo
Publisher: PEARSON CUSTOM PUB.(CONSIGNMENT)
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Chapter 9, Problem 16P
Summary Introduction

To determine: The estimated share price.

Introduction:

Stock valuation of a constant growth:

It is a method of calculating a company’s stock value; the valuation of a stock can be done based on the present value of the future cash flow or earnings on a constant growth.

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EBK CORPORATE FINANCE

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