Question
Pharsalus Inc. just paid a dividend (i.e., D0) of $ 3.91 per share. This dividend is expected to grow at a rate of 5.0 percent
Pharsalus Inc. just paid a dividend (i.e., D0) of $ 3.91 per share. This dividend is expected to grow at a rate of 5.0 percent per year forever. The appropriate discount rate for Pharsalus's stock is 15.7 percent. What is the price of the stock? (Round your answer to 2 decimal places and record your answer without dollar sign or commas).
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Swing And Position Trading For Beginners Easy To Learn High Profit Method For Beginners
Authors: J.r. Lira
1st Edition
1542338522, 978-1542338523
