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Alexion Airlines is expected to pay dividend of $3.562 in the coming year. Dividends are expected to decline at the rate of 1% per year.
Alexion Airlines is expected to pay dividend of $3.562 in the coming year. Dividends are expected to decline at the rate of 1% per year. The risk free rate of return is 6%, and the market risk premium is 8.7%. The stock of Alexion Airlines Company has a beta of -0.15. At which price should the stock be trading at today?
The price of the stock is $?
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
3rd Edition
0471375942, 978-0471375944
