Use the “Keggoll” spreadsheet to complete this problem. You…
Use the “Keggoll” spreadsheet to complete this problem. You are valuing a Keggoll’s Company with an 18% discount rate. You expect it to earn $2.00 per share this year and every year into the future. It pays out 50% of its earnings as a dividend. What is your estimated stock price based upon this data? Format: round to the nearest cent and format as $XX.XX or $X.XX with no leading 0’s with the $.
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