Proforma Financial Statement Worksheet

S&P 500 return. 9.5%. 3-year analyst consensus dividend growth forecast. 7.0%. Current dividend . CAD 10.00. Rebel assumes a long-term dividend growth rate of 3.0%. REQUIRED: Estimate the intrinsic value of Rebel’s shares using a 2-stage income approach (DDM). Should Rebel issue new shares now? Rebel is uncertain of some of its inputs and has decided to do a best and worst-case scenario ... ................
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