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B.) Tiger company's common stock is expected to pay a dividend of $3 at the end of the year (D1-3). The company's beta is .8.
B.) Tiger company's common stock is expected to pay a dividend of $3 at the end of the year (D1-3). The company's beta is .8. The risk-free rate is 52% and the market nsk premium is 6%. The dividend is expected to grow at some constant rateg, and the stock currently sells for $40 per share. What does the market believe the stock's price will be at the end of year 3 (i.e. what is Ps)
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