What is the current price of the stock

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A stock just paid a dividend of D0 = $3.56. The required rate of return is rs = 11%, and the constant growth rate is g = 5.9%. What is the current stock price?

Reference no: EM131765144

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What is the current price of the stock : A stock just paid a dividend of D0 = $3.56. The required rate of return is rs = 11%, and the constant growth rate is g = 5.9%. What is the current stock price?
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