A common stock pays an annual dividend per share of $2.10. The risk-free rate is 7 percent

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A common stock pays an annual dividend per share of $2.10. The risk-free rate is 7 percent and the risk premium for this stock is 4 percent. If the annual dividend is expected to remain at $2.10, the value of the stock is closest to:

a. $19.09

b. $30.00

c. $52.50

d. $70.00.

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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Question Posted: Dec 29, 2023 10:08 PM

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A common stock pays an annual dividend per share of $2.10. The risk-free rate is 7 percent

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Fundamentals Of Investments Valuation And Management

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