Horizon Value = 2.25(1.117)2(1.036)/(0.12 - 0.036)
Horizon Value = $34.62
Intrinsic Value = 2.25/(1.12)3 + 2.25(1.117)/(1.12)4 + (2.25(1.117)2 + 34.62)/(1.12)5
Intrinsic Value = $24.44
Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a...
Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $4.5000 dividend at that time (D3 = $4.5000) and believes that the dividend will grow by 23.40% for the following two years (D4 and Ds). However, after the fifth year, she expects Goodwin's dividend to grow at a constant rate of...
Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $1.25000 dividend at that time (D3 = $1.25000) and believes that the dividend will grow by 6.50000% for the following two years (D4 and D5). However, after the fifth year, she expects Goodwin's dividend to grow at a constant rate of...
Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $5.2500 dividend at that time (D3 = $5.2500) and believes that the dividend will grow by 27.30% for the following two years (D4 and Ds). However, after the fifth year, she expects Goodwin's dividend to grow at a constant rate of...
Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $1.2500 dividend at that time (D3 = $1.2500) and believes that the dividend will grow by 6.50% for the following two years (D4 and Ds). However, after the fifth year, she expects Goodwin's dividend to grow at a constant rate of...
Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $5.5000 dividend at that time (D3 = $5.5000) and believes that the dividend will grow by 28.60% for the following two years (D4 and Ds). However, after the fifth year, she expects Goodwin's dividend to grow at a constant rate of...
Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $1.2500 dividend at that time (Dy = $1.2500) and believes that the dividend will grow by 6.50% for the following two years (D4 and Ds). However, after the fifth year, she expects Goodwin's dividend to grow at a constant rate of...
Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $3.50000 dividend at that time (D3 = $3.50000) and believes that the dividend will grow by 18.20000% for the following two years (D4 and Ds). However, after the fifth year, she expects Goodwin's dividend to grow at a constant rate of...
9. Stocks that don't pay dividends yet Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $2.25000 dividend at that time (D = $2.25000) and believes that the dividend will grow by 11.70000% for the following two years (D, and Ds). However, after the fifth year, she expects Goodwin's dividend...
9. Stocks that don't pay dividends yet Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $4.75000 dividend at that time (D = $4.75000) and believes that the dividend will grow by 24.70000% for the following two years (D. and Ds). However, after the fifth year, she expects Goodwin's dividend...
9. Stocks that don't pay dividends yet Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $1.50000 dividend at that time (D3 = $1.50000) and believes that the dividend will grow by 7.80000% for the following two years (D4 and Ds). However, after the fifth year, she expects Goodwin's dividend...