A company a constant growth rate of 3%. The company’s risk adjusted discount rate is 5%. The company has a $2 dividend. What is the per share value of the stock?
A company a constant growth rate of 3%. The company’s risk adjusted
discount rate is 5%. The company has a $2 dividend. What is the per share value of the stock?
$103
$52.50
$51.50
$105
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