Question
A stock with a beta of 0.7 is priced at $118.50 and just paid a dividend of $2.85. If the risk-free rate is 2% and
A stock with a beta of 0.7 is priced at $118.50 and just paid a dividend of $2.85. If the risk-free rate is 2% and the market risk premium is 7%, what growth rate does the market expect for the stock?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
10th edition
77861671, 978-0077861674
