Lisa simpson is a security analyst at left-handed brothers, Financial Management

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Lisa simpson is a security analyst at left-handed brothers

Lisa Simpson is a security analyst at Left-handed Brothers Securities and has developed the following estimates for Doh! Doughnuts common stock which is currently selling for $30 per share. Lisa estimates the stock has a 13% required return with a current dividend of $1.50 that has an expected constant growth rate of 7%. What is Lisa’s valuation of Doh! Doughnuts’ stock?

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Financial Management: Lisa simpson is a security analyst at left-handed brothers

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