The spartan company just paid a dividend of 075 per share, Financial Management

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The spartan company just paid a dividend of 075 per share

The Spartan Company just paid a dividend of $0.75 per share, and that dividend is expected to grow at a constant rate of 5.50% per year in the future.

The company's beta is 1.15, the market risk premium is 5.00%, and the risk-free rate is 4.00%. What is the company's current stock price, P0?

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Financial Management: The spartan company just paid a dividend of 075 per share

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Financial Management: The spartan company just paid a dividend of 075 per share

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