The required rate of return is rs 155 and the expected, Financial Management

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The required rate of return is rs 155 and the expected

A stock is expected to pay a dividend of $1.2 at the end of the year. The required rate of return is rs= 15.5%, and the expected constant growth rate is g = 7.5%. What is the stock's current price?

Note: Enter your answer rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box.

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Financial Management: The required rate of return is rs 155 and the expected

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