Question: Ocean Holding Corp.sexpected year-end devidend is $4.00, and its required return is 11%. The company's dividend yield is 43%, and its growth rate is expected
Ocean Holding Corp.sexpected year-end devidend is $4.00, and its required return is 11%. The company's dividend yield is 43%, and its growth rate is expected to be constant in the future. What is the firm's stock price? Your answer should be between 42 36 and 108.62. rounded to 2 decimal places, with no special characters
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