A stock just paid an annual dividend of $2.00 and the dividend is growing at a steady rate of 4% per year. The expected rate of return on the stock based on the CAPM is 10%. What is the value of the stock

P0= Div1/(r-g)

2. A stock just paid an annual dividend of $2.00 and the dividend is growing at a steady rate of 4% per year. The expected rate of return on the stock based on the CAPM is 10%. What is the value of the stock P0=Div1/(rg)