有人会做2010s1 test2 的33题吗?
33. Consider a common stock. Suppose in one year the dividend is forecast at $3.50
per share. In two years, the dividend is forecast at $3.90 per share. After that, assume
a dividend growth rate of 10%. Required rate of return is 15%. Compute the intrinsic
value of this stock.
Intrinsic value = $61.88