A stock has just paid a dividend of D0 = $1.50. The required rate of return is

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A stock has just paid a dividend of D0 = $1.50. The required rate of return is rs = 14.1% and the constant growth rate is g = 4.0%.

What is the current price of the shares?

Related Book For answer-question

Financial Markets And Institutions

ISBN: 978-0132136839

7th Edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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Posted Date: Mar 29, 2023 01:39 AM

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A stock has just paid a dividend of D0 = $1.50. The required rate of return is

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To calculate the current price of the shares we can use the constant growth formu... View the full answer

Financial Markets And Institutions

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