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Business, 12.03.2021 21:50 darlene93

Boehm Incorporated is expected to pay a $1.10 per share dividend at the end of this year (i. e., D1 = $1.10). The dividend is expected to grow at a constant rate of 4% a year. The required rate of return on the stock, rs, is 15%. What is the estimated value per share of Boehm's stock? Do not round intermediate calculations. Round your answer to the nearest cent. $

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Boehm Incorporated is expected to pay a $1.10 per share dividend at the end of this year (i. e., D1...
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