Watsco Inc - Marquette University

In addition, the median household income in 2006 for Frontier’s MSA was $62,937 well above the national average of $51,546 and is expected to grow at a rate 151bps above the national average. Valuation. A 10-year discounted cash flow analysis indicates that Frontier’s intrinsic value is $28.73. A dividend discount model yields a vale of $25.65. ................
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