Dont round use four decimal places until the final answer Boehm Incorporated is expected to pay a $3 47 per share dividend at the end of this year (i e D 1 $3 47) The dividend is expected to grow at a constant rate of 10 a year The required rate of return on the stock, r is 16 What is the estimated value per share of Boehms stock

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Question: Dont round use four decimal places until the final answer. Boehm Incorporated is expected to pay a $3.47 per share dividend at the end of

Dont round use four decimal places until the final answer.

Boehm Incorporated is expected to pay a $3.47 per share dividend at the end of this year

(i.e. D₁ = $3.47). The dividend is expected to grow at a constant rate of 10% a year. The required rate of return on the stock, r is 16%. What is the estimated value per share of Boehms stock?

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