The last dividend of delta inc was 449 the growth rate of, Ask an Expert

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The last dividend of Delta, Inc. was $4.49, the growth rate of dividends is expected to be 5.42 percent, and the required rate of return on this stock is 12.24 percent. What is the 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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