Question
A stock just paid a dividend of D0 = $1.50. The required rate of return is rs = 18.5%, and the constant growth rate is
A stock just paid a dividend of D0 = $1.50. The required rate of return is rs = 18.5%, and the constant growth rate is g = 4.0%. What is the current stock price? Select the correct answer. a. $11.58 b. $10.76 c. $8.30 d. $9.94 e. $9.12
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Digital Marketing
Authors: Gregory Thornhill
1st Edition
1709572469, 978-1709572463
