A Southern cattle stock is valued at $68.60 a share. The company pays a constant annual dividend
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A competitor currently has a sales price of $26.194 per share and a benchmark sales price ratio of 2.01 times. They have an expected growth rate of 6.1% annually. What is the 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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