A stock just paid dividends of 273 per share those
A stock just paid dividends of $2.73 per share. Those dividends are expected to grow at a constant rate of 4 percent per year in perpetuity.
If investor's required rate of return on the stock is 11 percent, how much is the stock worth today?
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stock price68eps600dividends per share124payout ratio2066shares outstanding150mpart 1 bampo railroad inc transports
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