What is current stock price according to the dividend model

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Question: The Black Forest Cake Company just paid an annual dividend of $5.32. If you expect a constant growth rate of 4.63 percent, and have a required rate of return of 14.65 percent, what is the current stock price according to the constant growth dividend model?

Reference no: EM131442048

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What is current stock price according to the dividend model : he Black Forest Cake Company just paid an annual dividend of $5.32. If you expect a constant growth rate of 4.63 percent, and have a required rate of return of 14.65 percent, what is the current stock price according to the constant growth dividen..
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