Question: answer correctly for a like Question 20 (0.8 points) Bavarian Sausage is expected to pay a dividend of $1.2 per share at the end of
Question 20 (0.8 points) Bavarian Sausage is expected to pay a dividend of $1.2 per share at the end of the year, and that dividend is expected to grow at a constant rate of 3% per year in the future. The company's expected annual return is 8%. What is the company's current stock price in S? Your Answer: 67
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