What is the price of the stock round your answer to 2


Pharsalus Inc. just paid a dividend (i.e., D0) of $ 1.71 per share. This dividend is expected to grow at a rate of 6.1 percent per year forever. The appropriate discount rate for Pharsalus's stock is 13.7 percent. What is the price of the stock? (Round your answer to 2 decimal places and record your answer without dollar sign or commas).

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the price of the stock round your answer to 2
Reference No:- TGS02746713

Now Priced at $10 (50% Discount)

Recommended (91%)

Rated (4.3/5)