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Business, 10.08.2021 04:50 cheylee123456

BioScience Inc. will pay a common stock dividend of $2.50 at the end of the year (D1). The required return on common stock (Ke) is 19 percent. The firm has a constant growth rate (g) of 8 percent. Compute the current price of the stock (P0). (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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BioScience Inc. will pay a common stock dividend of $2.50 at the end of the year (D1). The required...
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