Boehm Incorporated is expected to pay a $1.50 per share dividend at the end of this year (i.e., D1 = $1.50). The dividend is expected to grow at a constant rate of 6% a year. The require rate of return on the stock, rS is 13%. What is the estimated value per share of Boehm's stock?© BrainMass Inc. brainmass.com October 10, 2019, 8:21 am ad1c9bdddf
See excel attached for formula, example and computation illustrated for you for the Boehm stock.