Question: Question 5 (1 point) Saved Hall & Marks is expected to pay a $2.10 per share dividend at the end of the year (that is,

Question 5 (1 point) Saved Hall & Marks is expected to pay a $2.10 per share dividend at the end of the year (that is, D1 = $2.10). The dividend is expected to grow at a constant rate of 7% a year. The required rate of return on the stock, rs, is 18%. What is the stock's current value per share? (Answer to the nearest cent. i.e. one thousand dollars would be entered 1000.00) Your Answer: 19.09

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