Question
Answered step-by-stepAsked by BrigadierHyenaPerson181 on coursehero.com
You see the price of TSLA stock is $687 a share. You aren't sure if...
You see the price of TSLA stock is $687 a share. You aren't sure if you should give your money to the "Technoking of Tesla" and the "Master of Coin" so you try to figure out Tesla stock price. You see that tesla has a $4 dividend today. You think Tesla will grow by 50% this year, 30% next year, 20% the following year and then grow by 8% per year forever. If Tesla's discount rate is 12%, What is the actual value of the stock today?
Answer & Explanation
Solved by verified expertAnswered by AdmiralWasp739 on coursehero.com
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