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stranahan stranahan
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7 years ago
The Belgium Bike Company just paid an annual dividend of $1.12. If you expect a constant growth rate of 4% and have a required rate of return of 13%, what is the current stock price according to the constant growth dividend model?
A) $13.46
B) $12.44
C) $12.94
D) There is not enough information to answer this question.
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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torchunicycletorchunicycle
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7 years ago
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stranahan Author
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#2
7 years ago
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.
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#3
4 years ago
thank you so much
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#4
3 years ago
Thank you for the help
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