The corrigan company just paid a dividend of 120 per share


The corrigan company just paid a dividend of $ 1.20 per share, and that dividend is expected to grow at a constant rate of 6% per year in the future. The company's beta is 1.30, the market risk permium is 4%, and the risk-free rate is 3.5%. What is the company's current stock price to 2 decimal places?

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Financial Management: The corrigan company just paid a dividend of 120 per share
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