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Assume that you have compiled the following information regarding a stock: Last dividend paid per share. $1.37 Expected constant dividend growth rate .1% Beta
Assume that you have compiled the following information regarding a stock: Last dividend paid per share. $1.37 Expected constant dividend growth rate .1% Beta coefficient 0.73 Risk free rate of return 3% Required rate of return on the market 12% portfolio What is the expected current value of the stock? Round your answer to two decimal points. Do not enter % sign as your answer may be converted to 0 (potentially wrong answer). Additionally write 18.25 % as 18.28 not 0.18.
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