Growth valuation thomas brothers is expected to pay a 050, Financial Management

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Growth valuation thomas brothers is expected to pay a 050

GROWTH VALUATION Thomas Brothers is expected to pay a $0.50 per share dividend at the end of the year. The dividend is expected to grow at a constant rate of 7% a year. The required rate of return on the stock, rs, is 15%. What is the stock’s current rate of value per share?

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