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Boehm Incorporated is expected to pay a $2.50 per share dividend at the end of this year. The dividend is expected to decrease at a
Boehm Incorporated is expected to pay a $2.50 per share dividend at the end of this year. The dividend is expected to decrease at a constant rate of 10% per year and the required return on this stock is 15%. What is the current value per share of Boehm's stock?
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