Bavarian Sausage is expected to pay a dividend of $1.6 per share at the end of the year, and that dividend is expected to grow
Bavarian Sausage is expected to pay a dividend of $1.6 per share at the end of the year, and that dividend is expected to grow at a constant rate of 5% per year in the future. The company's beta is 1.6, the market risk premium is 6%, and the risk-free rate is 3%. What is the company's current stock price in $?
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Authors: Jeff Madura
8th Edition
0324568215, 978-0324568219
