The black bear company just paid an annual dividend of 598, Ask an Expert

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The Black Bear Company just paid an annual dividend of $5.98. If you expect a constant growth of 8%, and you have a required rate of return of 12.65%,

Required:

Question 1: What is the current stock price according to the constant growth dividend module (Gordon module)?

Explain comprehensively and also provide formulas and calculations.

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Category:- Basic Finance
Reference No.:- M91147259

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