What is the stock current value per share

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Constant growth valuation Tresnan Brothers is expected to pay a $1.1 per share dividend at the end of the year (i.e., D_1 = $1.1). The dividend is expected to grow at a constant rate of 8% a year. The required rate of return on the stock, r_s, is 14%. What is the stock's current value per share? $

Reference no: EM131600052

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