Boehm Incorporated is expected to pay a $1.50 per share dividend at the end of this year (i. e., D1 5 $1.50). The dividend is expected to grow at a constant rate of 6% a year. The required rate of return on the stock, rs, is 13%. What is the estimated value per share of Boehm’s stock?

The estimated price of the stock is $22.71

Explanation:

The divident growth model calculates the fair price of the stock.

The formula is,

P = D1 / ( k – g )

where,

P = Price of the stock

k = Required rate of return = 13%

g = Constant growth rate = 6%

= Dividend at the end of year 0 = $1.5

= Dividend at the end of year 1 = ( 1+g) = 1.5(1.06) =$1.59

P = $1.59 / ( 0.13 - 0.06 ) = $22.71

im almost done gimme more time to get the answer

it established new limitations on use and disclosure for marketing purposes, prohibited selling medical information, expanded individuals’ rights to accessing their own information, and to obtain restrictions from certain disclosures of protected heath information to health plans.