The Zumwalt Company is expected to pay a dividend of $1.80 per share at the end of the year, and that dividend is expected to grow at a constant rate of 11.40% per year in the future. The companys beta is 1.60, the market risk premium is 6.50%, and the risk-free rate is 3.00%. What is the companys current stock price?

Answer rating: 100% (QA)

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