Question
) A stock is expected to pay a year-end dividend of $8 and then to sell at a price of $109. The risk-free interest rate
) A stock is expected to pay a year-end dividend of $8 and then to sell at a price of $109. The risk-free interest rate is 4%, the expected market return is 12% and the stock has a beta of 0.8. What is the stock price today? 177) A) $105.98. B) $102.99. C) $98.73. D) $109.00.
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Survey Of Economics, Principles, Applications, And Tools
Authors: Arthur O'Sullivan, Steven M. Sheffrin, Stephen J. Perez
5th Edition
0132556073, 978-0132556071
