05-20-2016

05-20-2016
05-22-2015
05-23-2014
05-17-2013
05-25-2012
05-20-2011
05-20-2011

face value
rate
beta

dividend in p dividend in rsgrowth rate

05-30-2016
200
2 0.0392241
05-30-2016
650
6.5
3/6/2015
625
6.25
3/6/2014
600
6
05-31-2013
525
5.25
11/6/2012
450
4.5
10/6/2011
280
2.8
10/6/2011
165
1.65

1
241.55
0.64

2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049
2050
2051
2052
2053
2054
2055
2056
2057

market premium risk free rate beta

2.0784482
7.50%
7.22%
2.15997347
2.24469649
2.33274269
2.42424242
2.51933116
2.61814966
2.72084422
2.82756689
2.93847567
3.05373473
3.17351474
3.297993
3.42735381
3.56178869
3.70149665
3.84668453
3.99756727
4.15436826
4.31731962
4.4866626
4.66264791
4.84553609
5.03559789
5.23311469
5.43837891
5.65169444
5.87337708
6.10375501
6.34316932
6.59197444
6.85053871
7.11924494
7.39849093
7.68869009
7.99027205
8.30368329
8.62938781
8.96786779
9.31962435
9.68517824

0.64

2058
2059
2060
2061
2062
2063
2064
2065
2066
2067
2068
2069
2070
2071
2072
2073
2074
2075
2076
2077
2078
2079
2080
2081
2082
2083
2084
2085
2086
2087
2088
2089
2090
2091
2092
2093
2094
2095
2096
2097
2098
2099

10.0650707
10.459864
10.8701428
11.2965144
11.73961
12.2000856
12.678623
13.1759306
13.6927447
14.2298303
14.7879826
15.3680279
15.970825
16.5972663
17.2482791
17.9248274
18.6279126
19.3585758
20.1178985
20.907005
21.7270635
22.579288
23.4649403
24.3853315
25.3418243
26.3358345
27.368834
28.4423519
29.5579776
30.7173627
31.9222237
33.1743442
34.4755781
35.8278517
37.233167
38.6936045
40.2113263
41.7885795
43.427699
45.1311115
46.9013388
48.7410016

2100
2101
2102
2103
2104
2105
2106
2107
2108
2109
2110
2111
2112
2113
2114
2115
2116
2117
2118
2119
2120
2121
2122
2123
2124
2125
2126
2127
2128
2129
2130
2131
2132
2133
2134
2135
2136
2137
2138
2139
2140
2141

50.6528236
52.6396351
54.7043775
56.8501076
59.080002
61.397362
63.8056183
66.3083364
68.9092213
71.6121236
74.4210448
77.3401434
80.3737411
83.5263289
86.8025741
90.2073271
93.7456284
97.4227165
101.244035
105.215241
109.342215
113.631065
118.088141
122.720042
127.533626
132.536018
137.734624
143.137141
148.751567
154.586213
160.649718
166.951059
173.499565
180.304929
187.377228
194.726931
202.36492
210.302503
218.551429
227.123913
236.032644
245.290813

2142
2143
2144
2145
2146
2147
2148
2149
2150
2151
2152
2153
2154
2155
2156
2157
2158
2159
2160
2161
2162
2163
2164
2165
2166

254.912124
264.910823
275.301712
286.100175
297.322197
308.984393
321.104028
333.699045
346.788091
360.390542
374.526537
389.217004
404.483691
420.349201
436.83702
453.97156
471.778187
490.283262
509.514183
529.499419
550.268558
571.852348
594.282742
617.592949
641.817477

expected rate of return intrinsic value

12.02% 25.667159504

the intrinsic value is less than stock price so we should not purcha

we should not purchase the stock.