Mathematics, 07.03.2020 04:58, NoireDemon

Thomas Brothers is expected to pay a $0 50 per share dividend at the end of the year (i. e., D1 $0 50). The dividend is expected to grow at a constant rate of 7% a year. The required rate of return on the stock, rs, is 15%. What is the stock’s current value per share?

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Thomas Brothers is expected to pay a $0 50 per share dividend at the end of the year (i. e., D1 $0 5...