Tresnan brothers is expected to pay a 34 per share dividend, Ask an Expert

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Tresnan Brothers is expected to pay a $3.4 per share dividend at the end of the year (i.e., D_1 = $3.4). The dividend is expected to grow at a constant rate of 4% a year. The required rate of return on the stock, r_i, 16%. What is the stock's current value per share? $

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Financial Management, Finance

Category:- Financial Management
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