Compute expected share price-perpetual growth method

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Suppose the dividends for the Seger Corporation over the past six years were $1.51, $1.59, $1.68, $1.76, $1.86, and $1.91, respectively. Compute the expected share price at the end of 2014 using the perpetual growth method. Assume the market risk premium is 12.0 percent, Treasury bills yield 4.1 percent, and the projected beta of the firm is .86

What is the share price?

Reference no: EM13848373

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