Te francis company is expected to pay a dividend of d1 , Financial Management

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Te francis company is expected to pay a dividend of d1

The Francis Company is expected to pay a dividend of D1 = $1.25 per share at the end of the year, and that dividend is expected to grow at a constant rate of 6.00% per year in the future. Francis cost of equity is 10.33%. What is the company's current stock price?

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Financial Management: Te francis company is expected to pay a dividend of d1

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Financial Management: Te francis company is expected to pay a dividend of d1

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