Based on the information given the current price of this stock at a discount rate of 12.5 percent is $35.6.
Using this formula
Current price of stock=Annual dividend/Discount rate
Where:
Annual dividend=$4.45
Discount rate=12.5% or 0.125
Let plug in the formula
Current price of stock=$4.45/0.125
Current price of stock=$35.6
Inconclusion the current price of this stock at a discount rate of 12.5 percent is $35.6.
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