Calculating current stock price


A stock's expected dividend payment at the end of the year (d1) is $1. The required rate of return is r(s)= 11%, and the growth rate of the dividend is constant at 5%. What is the current stock price?

16.67

18.83

20.00

21.67

23.33

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Finance Basics: Calculating current stock price
Reference No:- TGS0677025

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