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A company just paid a dividend of $1.95 per share, and that dividend is expected to grow at a constant rate of 4.50% per year
A company just paid a dividend of $1.95 per share, and that dividend is expected to grow at a constant rate of 4.50% per year in the future.The company's beta is 1.65, the market risk premium is 8.5%, and the risk-free rate is 5.50%.What is the company's current stock price?
$14.53
$13.56
$12.72
$16.94
$15.64
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