The Lashgari Company paid this year a dividend of $1 per share (this is D0), and that
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The Lashgari Company paid this year a dividend of $1 per share (this is D0), and that dividend is expected to grow at a constant rate of 2% per year in the future. The company's beta is 1, the market risk premium is 5%, and the risk-free rate is 3%. What is the company's current stock price?
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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