What is the companies current stock


Schnusenberg Corporation just paid a dividend of $0.65 per share, and that dividend is expected to grow at a constant rate of 7.00% per year in the future. The company's beta is 0.95, the required rate of return on the market is 10.50%, and the risk-free rate is 5.00%. What is the companies current stock price?

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Financial Management: What is the companies current stock
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