Boehm incorporated is expected to pay a 220 per share


Constant Growth Valuation

Boehm Incorporated is expected to pay a $2.20 per share dividend at the end of this year (i.e., D1 = $2.20). The dividend is expected to grow at a constant rate of 3% a year. The required rate of return on the stock, rs, is 17%. What is the value per share of Boehm's stock? Round your answer to the nearest cent.

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Financial Management: Boehm incorporated is expected to pay a 220 per share
Reference No:- TGS01088766

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