What is the company current stock price

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Question - Henderson Industries is expected to pay a year-end dividend of $2.50 per share (i.e. D1 = $2.50), and that dividend is expected to grow at a constant rate of 2.00% per year in the future. The company's beta is 0.80, the market risk premium is 5.00%, and the risk-free rate is 3.00%. What is the company's current stock price?

Reference no: EM133153093

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