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Hall & Marks is expected to pay a $1.20 per share dividend at the end of...
Hall & Marks is expected to pay a $1.20 per share dividend at the end of the year (that is, D1 = $1.20). The dividend is expected to grow at a constant rate of 3% a year. The required rate of return on the stock, rs, is 17%.
What is the stock's current value per share?
Solutions
jeff jeffy answered 3 years agoRelated Solutions
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$
____________
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