What is the current stock price
Problem
A stock just paid a dividend of D0 = $1.50. The required rate of return is rs = 16.5%, and the constant growth rate is g = 4.0%. What is the current stock price?
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A stock just paid a dividend of D0 = $1.50. The required rate of return is rs = 16.5% and the constant growth rate is g = 4.0%. What is the current stock price?
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