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A companys dividend has increased to $2.10 over the last year and is expected to be $2.20 next year. If we assume that after next
A companys dividend has increased to $2.10 over the last year and is expected to be $2.20 next year. If we assume that after next years dividend will constantly grow at 7% , what is the value of this stock today if the companys beta is 1.2. The rate of return on T- bills is 3% and the expected return of the market is 10%
A. $47.73 B. $50.00 C. $53.00 D. $34.00 E. $36.04
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