Evaluate the firm stock price usign given data

Reference no: EM132020004

Question: Ocean Holding Corp.'s expected year-end dividend (D_1) is $4.00, and its required return is 11%. The company's dividend yield is 5.5%, and its growth rate is expected to be constant in the future. What is the firm's stock price? Your answer should be between 42.36 and 108.62, rounded to 2 decimal places, with no special characters.

Reference no: EM132020004

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Evaluate the firm stock price usign given data : Ocean Holding Corp.'s expected year-end dividend (D_1) is $4.00, and its required return is 11%. The company's dividend yield is 5.5%.

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