Using a two-stage dividend discount model provides us with an intrinsic value of $20.24, suggesting that Microsoft is currently overvalued at $36.56. The discrepancy between values derived from the constant growth model ($43.04) and the two-stage model ($20.24) is significant.
Answers (4) 1  Plastic frames are the cheapest to produce. 2  In a way, acetate is one type of plastic materials. 3  Acetate is one of the different types of plastic.  Actually, acetate frame glasses are one kind of plastic frame glasses. However, it is lighter than the latter one, and is not easy to break. Even it is broken, the fragment is not that shape so that the damage to the eyes and the face could reduce maximize. It could be colored easily to catch the current fashion.
lactate (third-person singular simple present lactates, present participle lactating, simple past and past participle lactated) (intransitive) To secrete or produce milk; Noun . lactate (plural lactates) Any salt or ester of lactic acid; Derived terms . lactation; Related terms . lactic; lactose; Further reading . lactate in Websterâs Revised Unabridged Dictionary, G. & C. Merriam, 1913; lactate in The Century Dictionary, The Century Co., New York, 1911 âlactateâ at OneLook Dictionary Search