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Apple has a current dividend of $2.42 and a dividend growth rate of 5.6%. If the CAPM gives the expected return on apple stock of
Apple has a current dividend of $2.42 and a dividend growth rate of 5.6%. If the CAPM gives the expected return on apple stock of 6.7% what should the stock price be according to the dividend discount formula?
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Risk Management And Financial Institutions
Authors: John C. Hull
3rd Edition
1118269039, 9781118269039
