A stock just paid a dividend of D 0 = $1.50. The required rate of return is
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A stock just paid a dividend of D0 = $1.50. The required rate of return is rs = 15.5%, and the constant growth rate is g = 4.0%. What is the current stock price?
Related Book For
Financial management theory and practice
ISBN: 978-1439078099
13th edition
Authors: Eugene F. Brigham and Michael C. Ehrhardt
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