Question: By using the constant growth dividend discount model, determine the value per share for Auto Company given a current dividend of $0.44. Assume 9% required

By using the constant growth dividend discount model, determine the value per share for Auto Company given a current dividend of $0.44. Assume 9% required return. Round your answer to 2 decimal places. Notes 1The stock portfolio has a correlation coefficient with the market of 0.80 . 2 The dividend yield is the current yield. 3 The growth of the dividend is expected to remain at 3%. 4 The expected growth of the dividend is zero

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