A stock is expected to pay a dividend of 181 at the end of


A stock is expected to pay a dividend of $1.81 at the end of the year. The required rate of return is rs = 11.82%, and the expected constant growth rate is g = 7.3%. What is the stock's current price? Round your answer to two decimal places

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Financial Management: A stock is expected to pay a dividend of 181 at the end of
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