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Asset Alpacas Co . just paid a dividend of $ 1 . 5 0 per share. The expected dividend growth rates for the next three
Asset Alpacas Co just paid a dividend of $ per share. The expected dividend growth rates for the next three years are and respectively. Following Year dividends are anticipated to grow at a constant annual rate forever. The stock's beta is the market return is and the riskfree rate is Assume that all estimates remain constant over time and the stock is always priced at its fair value. If you purchase the stock today and sell it in Year right after you receive the fourth dividend, your holding period return will be
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