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8. Assume the risk-free rate is 3% and the market risk premium is 5%. The stock of Physicians Care Network (PCN) has a beta of
8. Assume the risk-free rate is 3% and the market risk premium is 5%. The stock of Physicians Care Network (PCN) has a beta of 1.5. The last dividend paid by PCN (D.) was $2 per share. What would PCN's stock value be if the dividend were expected to grow at a constant rate of 10%. Choice: $350.00 Choice: $400.00 Choice: $440.00 Choice: $500.00
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The Handbook Of Fixed Income Securities
Authors: Frank Fabozzi, Steven Mann, Francesco Fabozzi
9th Edition
1260473899, 978-1260473896
