Boehm Inc: Value per Share of the Company's Stock
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Boehm Incorporated is expected to pay a $1.50 per share dividend at the end of the growth year. 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?
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Solution Summary
This solution assists with calculating the value per share of Boehm Inc.'s stock.
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