Laser optics will pay a common stock dividend of 710 at the


Laser Optics will pay a common stock dividend of $7.10 at the end of the year (D1). The required rate of return on common stock (Ke) is 18 percent. The firm has a constant growth rate (g) of 8 percent. Compute the current price of the stock (P0).

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Financial Management: Laser optics will pay a common stock dividend of 710 at the
Reference No:- TGS01366982

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