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ABC Corporation's stock is selling for $17 in the market. The company's beta is 1.2, the market risk premium is 4%, and the risk-free rate
ABC Corporation's stock is selling for $17 in the market. The company's beta is 1.2, the market risk premium is 4%, and the risk-free rate is 9%. The previous (last) dividend paid was $1.80 and dividends are expected to grow at a constant rate. What is the growth rate for this stock? Show computations
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Financial Institutions Management A Risk Management Approach
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
8th edition
978-0078034800, 78034809, 978-0071051590
