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A stock just paid a dividend of Do = $1.50. The required rate of return is rs = 9.5%, and the constant growth rate is
A stock just paid a dividend of Do = $1.50. The required rate of return is rs = 9.5%, and the constant growth rate is g = 4.0%. What is the current stock price? Select the correct answer. a. $26.16 b. $27.26 c. $23.96 d. $25.06 e. $28.36
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International Financial Markets And The Firm
Authors: Piet Sercu, Raman Uppal
1st Edition
1861523548, 978-1861523549
