Finding the company current stock price


Question:

The Francis Company is expected to pay a dividend of D = $1.25 per share at the end of the year, and that dividend is expected to grow at a constant rate of 6.00% per year in the future. The company's beta is 1.45, the market risk premium is 5.50%, and the risk-free rate is 4.00%. What is the company's current stock price?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Finding the company current stock price
Reference No:- TGS02075539

Now Priced at $20 (50% Discount)

Recommended (97%)

Rated (4.9/5)