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7 The risk-free rate of return is 5%, the required rate of return on the market is 10%, and High Flyer stock has a buta
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The risk-free rate of return is 5%, the required rate of return on the market is 10%, and High Flyer stock has a buta corticles of 1.8. If the dividend per stare expected during the coming year, Dr, is $300 and 5%, at what price should a share sel? (Do not found intermediate calculation. Round your answer to 2 decimal places) Share price $ Step by Step Solution
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