What is the stock price

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Please help me study for a test by answering this question. A stock is just paid a dividend of $0.91 and is growing at a constant rate of 10 percent per year. If the required rate of return is 15 percent, what is the stock's expected price 2 years from today? use this formula P0 = D1/(rs - g)

Using the formula you selected above, what is the stock price? P0 = $______________?

Reference no: EM132147298

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