Determining value per share of stock


Boehm Inc. Is expected to pay a $1.50 per share dividend at the end of this year (i.e. D1 = $1.50). The dividend is expected to grow at a constant 87 percent the year. The required rate of return on the stock, rs, is 15%. What is the value per share of the stock?

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Finance Basics: Determining value per share of stock
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