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endah87 endah87
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Schnusenberg Corporation just paid a dividend of $0.86 per share, and that dividend is expected to grow at a constant rate of 8% per year in the future. The company’s beta is 1.2, the required return on the market is 11.3%, and the risk-free rate is 5.5%. What is the company’s current stock price?


$15.91



$18.50



$20.83



$22.35

Textbook 
 Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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voltayrevoltayre
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