What is the companys current stock price

Reference no: EM13263833

Schnusenberg Corporation just paid a dividend of D0 = $0.75 per share, and that dividend is expected to grow at a constant rate of 6.50% per year in the future. The company's beta is 1.65, the required return on the market is 10.50%, and the risk-free rate is 4.50%. What is the company's current stock price?

A.$10.92
B.$7.99
C.$9.30
D.$10.11
E.$10.41

Reference no: EM13263833

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