Schnusenberg corporation just paid a dividend of d0 075, Financial Management

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Schnusenberg corporation just paid a dividend of d0 075

Schnusenberg Corporation just paid a dividend of D₀ = $0.75 per share, and that dividend is expected to grow at a constant rate of 6.50% per year in the future. The company's beta is 1.25, the required return on the market is 10.50%, and the risk-free rate is 4.50%. What is the company's current stock price?

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Financial Management: Schnusenberg corporation just paid a dividend of d0 075

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Financial Management: Schnusenberg corporation just paid a dividend of d0 075

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