Superapp inc has just paid a dividend of 10 per share


Superapp Inc. has just paid a dividend of $10 per share. Superapp pays dividends once a year, and dividends are expected to grow at 4% per year. Superapp’s equity beta is 1.5. The market risk premium is 8%, and the risk-free rate is 2%. Based on this information, what is Superapp’s share price today?

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Financial Management: Superapp inc has just paid a dividend of 10 per share
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