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Schnusenberg Corporation just paid a dividend of D0 $075 per share and that dividend is expected to grow at a constant rate of 650% per year in the future The companys beta is 125 the required

Schnusenberg Corporation just paid a dividend of D0= $0.75 per share, and that dividend is expected to grow at a constant rate of 6.50% per year in the future. The company’s beta is 1.25, the required return on the market is 10.50%, and the risk-free rate is 4.50%. What is the company’s current stock price? A. $14.52B. $14.89C. $15.26D. $15.64E. $16.03

 

Apr 29 2020 View more View Less

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