Typically, traders will use the middle ... the lowest D% at 25.8% but the highest forecast edge 6.9% and smooth edge 1.6%. Smooth Edge - S% To calculate a smoothed theoretical value, the implied ...

To estimate the value ... D 1 is the dividend per share one year from now, k is the investor's required rate of return, and g is the expected dividend growth rate. Using the Gordon growth model to ...