25. (Appendix Question) Necedah Power is an electric utility company. Its historical beta is .70. Its stock
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25. (Appendix Question) Necedah Power is an electric utility company. Its historical beta is .70. Its stock offers a dividend yield of 7.6%. The market value of its equity is currently $140 million. On the basis of the data from Table 16.12, calculate Necedah's beta.
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ISBN: 9788120321014
6th Edition
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
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