Constant growth valuation tresnan brothers is expected to, Financial Management

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Constant growth valuation tresnan brothers is expected to

CONSTANT GROWTH VALUATION Tresnan Brothers is expected to pay a $1.80 per share dividend at the end of the year (i.e., D1 $1 80). The dividend is expected to grow at a constant rate of 4% a year. The required rate of return on the stock, rs, is 10%. What is the stock’s current value per share?

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