A company just paid a dividend of $0.80 per share and the dividend is expected to grow
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A company just paid a dividend of $0.80 per share and the dividend is expected to grow at a constant rate of 6% per year in the future. The company's beta is 1.25, the market risk premium is 5%, and the risk-free rate is 4%. What is the company's 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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