The last dividend paid by Coppard Inc. was $1.50. The dividend growth rate is expected to be constant at 42.5% for 3 years, after which dividends are expected to grow at a rate of 6% forever. If the firm’s required return (ra) is 11%, what is its current stock price?
“Select the correct answer. a 57.35 O .575.58 412 0.576.31 573.39 Get Finance homework help today
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