Equity Valuation Lecture Map Definitions of Value Book value‚ Liquidation value‚ Intrinsic value‚ Market value Dividend discount models Constant-growth Multi-stage growth Value Metrics and Determinants of Value Current earnings and growth P/E Lesmond 1 Book Value of Equity The firm’s equity value‚ or stock value‚ is stated right on the firm’s books This is NOT the market value of equity Book value per share of Equity is the value of common equity on the books‚ divided
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The Dividend per share for 2013 and 2016 are given on Value Line. The dividend growth for the years in between is calculated as follows: |Dividend ‘13 |.14 | |Dividend ‘14 |.15 | |Dividend ‘15 |.17 | |Dividend ‘16 |.18 | .18 - .14 = .04; .04/3 = .0133 In order to calculate Value using the 2 stage Dividend Discount Model we must calculate the market capitalization rate
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A REACTION PAPER IN SOCIAL SCIENCE 26 A symposium and forum concerning the Jalaur River Multipurpose Project was conducted last December 7‚ 2012 at the CFOS AV-Hall. This event was made successful thru the combined efforts of the UP Oikos and the Jalaur River for the People Movement. Mrs. Cynthia Deduro‚ a protector of the indigenous people in Panay tackled this rising dilemma and pointed out the various disadvantages this project might cause specifically the deterioration of the natives’ livelihood
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Ashley-Anna Aboreden AP English Language and Composition Teacher: Dr. Stobaugh September 23‚ 2014 The Theme in Edmund Spenser’s "Sonnet 26" "So every sweet with sour is tempered still‚ / That maketh it be coveted the more." (Spenser‚ "Sonnet 26"‚ lines 11-12). In Edmund Spenser’s "Sonnet 26"‚ Spenser emphasized the notion that life is made sweeter by some kind of pain or obstacle. He recorded several beautiful flowers to evidence this notion. He then used this list of flowers to express that
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The December 26‚ 2004 Sumatran Tsunami [pic] On the morning of December 26‚ 2004 a magnitude 9.3 earthquake struck off the Northwest coast of the Indonesian island of Sumatra. The earthquake resulted from complex slip on the fault where the oceanic portion of the Indian Plate slides under Sumatra‚ part of the Eurasian Plate. The earthquake deformed the ocean floor‚ pushing the overlying water up into a tsunami wave. The tsunami wave devastated nearby areas where the wave may have been as high as
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In chapter 26 of Oliver Twist‚ a young girl named Rose begs her Aunt not to throw Oliver Twist in jail. She pleads with her aunt‚ telling her "’think how young he is‚ think that he may never have known a mother’s love‚ or the comfort of a home." Rose ultimately wins the argument and Oliver is saved from jail and taken in by Rose and her aunt. The subject of this rhetorical situation is‚ Oliver Twist’ innocence and why he shouldn’t be sent to jail. Rose mentions the fact that Oliver is a young
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Chelsea Kim Mr. Brewer AP European History‚ Period 5 4-2-13 Chapter 26 Outline * An Uncertain Peace * The Decline of the West by German writer Oswald Spengler (1880-1936): reflected the idea that something was drastically wrong with Western values when he emphasized the decadence of Western civilization and posited its collapse * The Impact of World War I * As over 10 million people died in the war‚ an immediate response to these deaths was ceremonies to honor the
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popular rational comprehensive model or “the Root”‚ should be aware by modern policy makers. He thinks that the Muddling Through can help solve any complicated problems while confirms that the rational model can’t do that. Lindrom provides two scales representing the rational comprehensive method s and the successive limited comparisons – rational model aims to achieve perfect policy while the root targets to relative policy - ‚ and then to protect his argument‚ he refutes a model of the root with step-by-step
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