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Firm DCF, ROE : 35% , Dividend Payout Ratio:70%, next year's earning per share (EPS)-$8.00, assuming that market expected return is 20% and the risk-free
Firm DCF, ROE : 35% , Dividend Payout Ratio:70%, next year's earning per share (EPS)-$8.00, assuming that market expected return is 20% and the risk-free rate is 5%. If increasing DPR will decrease firm value and we can use the constant dividend growth model to value the stock price, the stock beta must be larger than and less than (two decimals)
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