Packman Corporation will pay its shareholders $5 dividends per share next year (year 1). The dividends are expected to grow at 4% every year. The required rate of return on equity is 9%.
What should be the fundamental value of its stock price (per share) today? O A. $100.0 O B. $92.5 O C. $83.3 O D. $71.4 O E. $60.0
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