Does this seem reasonable


Philly Construction specializes in designing and building custom homes. Business has been excellent, and it projects a 10% growth rate for the foreseeable future. The company just paid a $3.75 dividend. Comparable stocks are returning 11%.what is the intrinsic value of their stock? Does this seem reasonable? Why or why not?if the growth rate is only 8.5% and comparable stocks are really returning 12%, what is their intrinsic value?Do these relatively small changes in assumptions justify the change in the intrinsic value? Why or why not?

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Accounting Basics: Does this seem reasonable
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