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A common stock pays an annual dividend per share of $1.60. The risk-free rate is 5 percent and the risk premium for this stock is
A common stock pays an annual dividend per share of $1.60. The risk-free rate is 5 percent and the risk premium for this stock is 4 percent. If the annual dividend is expected to remain at $1.60 per share, what is the value of the stock?
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Asset Allocation From Theory To Practice And Beyond
Authors: Mark P. Kritzman, William Kinlaw, David Turkington, Harry M. Markowitz
1st Edition
