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A stock is expected to pay a dividend of $1.30 at the end of the year. The required rate of return ...

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A stock is expected to pay a dividend of $1.30 at the end of the year. The required rate of return ...

A stock is expected to pay a dividend of $1.30 at the end of the year. The required rate of return is r_s= 16.2%, and the expected constant growth rate is g = 9.1%. What is its current price?

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$18.31

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$18.60

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$18.82

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$19.05

Textbook

Financial Management: Theory and Practice

Edition: 4^th

Authors: Brigham, Ehrhardt, Gessaroli, Nason

Read 39 times

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