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What is the price of the stock

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Reference no: EM132768263

Question - Pharsalus Inc. just paid a dividend (i.e., D0) of $ 3.73 per share. This dividend is expected to grow at a rate of 3.9 percent per year forever. The appropriate discount rate for Pharsalus's stock is 16.0 percent. What is the price of the stock?

Reference no: EM132768263

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