What is the stock current value per share

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Reference no: EM132816632

Problem - CONSTANT GROWTH VALUATION - Tresnan Brothers is expected to pay a $1.80 per share dividend at the end of the year (i.e., D1 = $1.80). The dividend is expected to grow at a constant rate of 4% a year. The required rate of return on the stock, rs, is 10%. What is the stock's current value per share?

Reference no: EM132816632

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