Question
Assume that you have compiled the following information regarding a stock: Last dividend paid $1 per share Expected constant dividend growth rate 7% Current actual
Assume that you have compiled the following information regarding a stock: Last dividend paid $1 per share Expected constant dividend growth rate 7% Current actual stock price $13.47 per share Beta coefficient 0.86 Risk free rate of return 6% Required rate of return on the market portfolio 14% What is the expected current value of the stock?
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Money Talks Explaining How Money Really Works
Authors: Nina Bandelj ,Frederick F. Wherry ,Viviana A. Zelizer
1st Edition
0691202893, 978-0691202891
