Question
A stock just paid a dividend of D 0 = $1.50. The required rate of return is r s = 17.5%, and the constant growth
A stock just paid a dividend of D0 = $1.50. The required rate of return is rs = 17.5%, and the constant growth rate is g = 4.0%. What is the current stock price?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
