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Assistance in calculating the following question Sky Corporation just paid an annual dividend of $2.50, and the annual long-term growth rate of its dividends is
Assistance in calculating the following question
Sky Corporation just paid an annual dividend of $2.50, and the annual long-term growth rate of its dividends is expected to be 4%. What is the estimated value of Sky's stock, if its beta is.95, the market risk premium is 8.0%, and the current treasury yield is 3.0%? $52.00 $162.50 $39.39 $37.88Step by Step Solution
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