Find the value per share of company stock
Question:
Bohen Inc is expexted to pay $1.50 per share dividend of the year (i.e, D1=$1.50). The dividend is expected to grow at constant rate of 7%. The required rate of return on the stock r is 15%. What is the value per share of company's stock.
Now Priced at $20 (50% Discount)
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Question: What is your estimate of the stock's current price?
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The required rate of return on the stock r is 15%. What is the value per share of company's stock.
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