BMW just paid a dividend of $7.14 and is expected to grow at 4%. You have estimated a required return of 10%. What is their current market value?
Facebook just issued bonds with a par value of $708, with a 3 year term and a coupon rate of 13.98%. You see comparable interest rates of 15%; What should you pay for these?
ABC Inc. expects a dividend next year of $2.54 and is expected to grow at 18%. You have estimated a required return of 24%. What is their current market value?