Question
Given the following information from Sandhill Corporation, what price would the CAPM predict that the companys stock will trade for one year from today? (Do
Given the following information from Sandhill Corporation, what price would the CAPM predict that the companys stock will trade for one year from today? (Do not round intermediate calculations. Round final answer to 2 decimal places, e.g. 50.75.)
Risk free rate: 3.3 %
Market risk premium: 8.5 %
Beta: 0.66
Current stock price:$66.20
Annual dividend: $1.82
price?....
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John E Freunds Mathematical Statistics With Applications
Authors: Irwin Miller, Marylees Miller
8th Edition
978-0321807090, 032180709X, 978-0134995373
