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From Bloomberg, you got the following information. The annual dividends of Stock B are forecasted by analysts to be $2.00, $2.10, $2.25. $3.00. and $3.00.
From Bloomberg, you got the following information. The annual dividends of Stock B are forecasted by analysts to be $2.00, $2.10, $2.25. $3.00. and $3.00. In addition, the stock price is expected to be $60.00 in five years. If the required return on equity using CAPM is 8% what is the value of this stock? (show work)
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