What is the estimated value per share of boehm stock

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Question - Constant Dividend Growth Valuation - Boehm Incorporated is expected to pay a $3.50 per share dividend at the end of this year (i.e., D1 = $3.50). The dividend is expected to grow at a constant rate of 7% a year. The required rate of return on the stock, rs, is 12%. What is the estimated value per share of Boehm's stock?

Reference no: EM133150574

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