a company's common stock has a beta of 0.70. The expected return of the market is 15% and the risk-free rate is 3%. The company
a company's common stock has a beta of 0.70. The expected return of the market is 15% and the risk-free rate is 3%. The company expects to pay a constant dividend of $2.10 per year forever. What is the price of the company's common stock?
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Authors: Paul Keat, Philip K Young, Steve Erfle
7th edition
0133020266, 978-0133020267
