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Please help me answer this! Suppose the dividends for the Seger Corporation over the past six years were $1.00,$1.08,$1.17,$1.25,$1.35, and $1.40, respectively. Assume that the
Please help me answer this!
Suppose the dividends for the Seger Corporation over the past six years were $1.00,$1.08,$1.17,$1.25,$1.35, and $1.40, respectively. Assume that the historical (arithmetic) average growth rates will remain the same for 2022. Compute the expected share price at the end of 2022 using the perpetual growth method. Assume the market risk premium is 7.5 percent, Treasury bills yield 3 percent, and the projected beta of the firm is 1.10 . Note: Do not round intermediate calculations. Round your answer to 2 decimal places Step by Step Solution
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