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4. Boehm Incorporated is expected to pay a $1.50 per share dividend at the end of this year (i.e. D = $1.50). The dividend
4. Boehm Incorporated is expected to pay a $1.50 per share dividend at the end of this year (i.e. D = $1.50). The dividend is expected to grow at a constant rate of 6% a year. The required rate of return on the stock, r is 13%. What is the estimated value per share of Boehm's stock?
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Understanding financial statements
Authors: Lyn M. Fraser, Aileen Ormiston
9th Edition
136086241, 978-0136086246
