Business, 13.06.2020 05:57, stephaniero6

Boehm Incorporated is expected to pay a $2.70 per share dividend at the end of this year (i. e., D1 = $2.70). The dividend is expected to grow at a constant rate of 5% a year. The required rate of return on the stock, rs, is 10%. What is the estimated value per share of Boehm's stock? Do not round intermediate calculations. Round your answer to the nearest cent.

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Boehm Incorporated is expected to pay a $2.70 per share dividend at the end of this year (i. e., D1...