-
Member
Is my interpretation correct.
The first part values the current div per share as a perpetuity.
The second part values the retained earnings per share as a perpetuity but compounds this at the return of equity rate, discounted at req rate of return?
What's the explanation for ignoring future growth in dividends from the model?
Cheers
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks