Calle enterprises stock offered a dividend of 29 per share


Calle Enterprises' stock offered a dividend of $2.9 per share at the end of last year. The dividend is projected to increase at a constant rate of 3.88% per year for the foreseeablefuture. The required rate of return on the stock, rs, is 7.91%. What is the stock's expected price today? Submit your answer as a price to two decimal places (Ex. $0.00)

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Financial Management: Calle enterprises stock offered a dividend of 29 per share
Reference No:- TGS02251718

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