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
Now Priced at $5 (50% Discount)
Recommended (93%)
Rated (4.5/5)
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