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- 10 eBook Tresnan Brothers is expected to pay a $1.40 per share dividend at the end of the year (D, - $1.40). The dividend

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- 10 eBook Tresnan Brothers is expected to pay a $1.40 per share dividend at the end of the year (D, - $1.40). The dividend is expected to grow at a constant rate of 8% a year. The required roke of return on the stock, re, is 10%. What is the stock's current value par share7 Round your answer to the nearest cent. 12 5 13 Check My Work (No more tries available) eBook Problem Walk-Through You have been managing a $5 million portfolio that has a beta of 1.05 and a required rate of return of 9.825%. The current risk-free rate is | 3%, Assume that you receive another $500,000. If you invest the money in a stock with a beta of 0.85, what will be the required return on your $5.5 million portfolio? Do not round Intermediate calculations. Round your answer to two decimal places. 9.89 % Hide Feedback Incorrect

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