current Div. $2 growth 20% for 4years there after 10% p.a. r=18 value= a.31.99 b.32 c. 37.78
2.4 2.88 3.46 60.55 discount with 18%. leaves you with 37.43. so i go with c.
C
I’m getting 2.4, 2.88, 3.456, and 61.17, which gets me to a discounted PV of 37.76. Not sure where you’re getting 60.55 versus my 61.17. 61.17 is D4 (4.1472) added to (4.1472*1.1)/(.18-.10).
skillionaire Wrote: ------------------------------------------------------- > I’m getting 2.4, 2.88, 3.456, and 61.17, which > gets me to a discounted PV of 37.76. > > Not sure where you’re getting 60.55 versus my > 61.17. > > 61.17 is D4 (4.1472) added to > (4.1472*1.1)/(.18-.10). I second that, I get a TV of 57.024 + Div of 3.456
yup. you guys are correct. added 3.46 to the TV instead of 4.15