Explore BrainMass

Explore BrainMass

    Current stock price of Company

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    SBC Corp. just paid a dividend of $0.65 per share, and that dividend is expected to grow at a constant rate of 7.00% per year in the future. The company's beta is 0.95, the required return on the market is 10.50%, and the risk free rate is 5.00%. What is the company's current stock price?

    © BrainMass Inc. brainmass.com June 3, 2020, 11:53 pm ad1c9bdddf
    https://brainmass.com/business/accounting/current-stock-price-of-company-305797

    Solution Summary

    The solution computes current stock price of a SBC Corp.

    $2.19

    ADVERTISEMENT