The black forest cake company just paid an annual dividend, Ask an Expert

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The Black Forest Cake Company just paid an annual dividend of $5.55. If you expect a constant growth rate of 5.24 percent, and have a required rate of return of 12.76 percent, what is the current stock price according to the constant growth dividend model? Round the answer to two decimal places.

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Financial Management, Finance

Category:- Financial Management
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