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The I's Have It Company just paid a dividend of $0.65 per share, and that dividend is expected to grow at a constant rate of
The I's Have It Company just paid a dividend of $0.65 per share, and that dividend is expected to grow at a constant rate of 4.75% per year in the future. The company's beta is 1.3, the market risk premium is 5.10%, and the risk-free rate is 2.25%. What is the company's current stock price, P 0? Do not round intermediate calculations.
a. $53.94
b. $56.50
c. $15.74
d. $16.49
e. $10.98
this one is most important please number 10 you only have to answer that and if you can, ghank you so much
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