Boehm Incorporated is expected to pay a $1.50 per share dividend at the end of the year (I.e. DI = $1.50). The dividend is expected to grow at a constant rate of 7% a year. The required rate of return on the stock, rs , is 15%. What is the value per share of the company's stock?© BrainMass Inc. brainmass.com June 3, 2020, 11:53 pm ad1c9bdddf
Constant growth valuations are examined.