Question
Given the following information from Blossom Corporation, what price would the CAPM predict that the companys stock will trade for one year from today? (Do
Given the following information from Blossom Corporation, what price would the CAPM predict that the companys stock will trade for one year from today? (Do not round intermediate calculations. The round final answer to 2 decimal places, e.g. 50.75.)
| Risk-free rate: | 3.6 | % | |
| Market risk premium: | 7.6 | % | |
| Beta: | 0.55 | ||
| Current stock price: | $68.60 | ||
| Annual dividend: | $1.79 |
| Price | $Type your answer here |
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Financial Management Of Health Care Organizations
Authors: William N. Zelman, Michael J. McCue, Noah D. Glick
3rd Edition
0470497521, 9780470497524
