Question
A stock has a beta of 2.5, the risk-free rate is 3.41% and the market risk premium is 8.08%. The stock will pay a constant
A stock has a beta of 2.5, the risk-free rate is 3.41% and the market risk premium is 8.08%. The stock will pay a constant $4.00 as dividend in perpetuity. What is the price of the stock? Round the answer to two decimal places.
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The New Microfinance Handbook A Financial Market System Perspective
Authors: Joanna Ledgerwood, Julie Earne, Candace Nelson
1st Edition
0821389270, 978-0821389270
