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Determine the beta of QTax based on the following information: Market expected return is 7.3 percent; standard deviation is 2.3 percent Risk-free rate is 3
Determine the beta of QTax based on the following information:
| Market expected return is 7.3 percent; standard deviation is 2.3 percent |
| Risk-free rate is 3 percent |
| Current dividend is $3.8 |
| Dividend growth rate is 4.3 percent |
| Current stock price is $24.3 |
(Round intermediate calculations and final answer to 4 decimal places, e.g. 0.3612.)
| Beta | Type your answer here |
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
978-0078111044
