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Determine the value of Coldron shares. The last dividend paid was $3.20, and dividends are expected to grow at 4% indefinitely. Coldron has a beta
Determine the value of Coldron shares. The last dividend paid was $3.20, and dividends are expected to grow at 4% indefinitely. Coldron has a beta of 0.9, the risk free rate is 3 percent and the risk premium is 7 percent. (round to the nearest cent) A. $62.79 B. $60.38 C. $58.39 D. $56.14 E. None of the above
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