What is the current stock price for duff beer corporation
Problem:
Duff Beer Corporation paid a 3.3 dollar dividend today. If the dividend is expected to grow at a constant 5 percent rate, and the required rate of return for the stock is 9 percent, what is the current stock price
Now Priced at $10 (50% Discount)
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The required rate of return for the stock is 9 percent, what is the current stock price
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