Find the current stock price from the following information


Find the current stock price from the following information:

Cost of equity = 14%

for 7 years the company pays no dividend, but promises to pay dividend of $14.25 in 8th year.

and therefrom having growth rate in dividend of 6%.

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Financial Management: Find the current stock price from the following information
Reference No:- TGS01566748

Now Priced at $5 (50% Discount)

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