question archive The common stock of Big Birds Unlimited has a required return of 8 percent and a growth rate of 4 percent

The common stock of Big Birds Unlimited has a required return of 8 percent and a growth rate of 4 percent

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The common stock of Big Birds Unlimited has a required return of 8 percent and a growth rate of 4 percent. The last annual dividend was $.60 a share. What is the current price of this stock?

$15.60

$15.00

$7.50

$7.80

$10.00

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