Question
Google stock has a beta of 1.02. The risk free rate in the economy is 3.00% while the market portfolio risk premium is 6.00%. Google
Google stock has a beta of 1.02. The risk free rate in the economy is 3.00% while the market portfolio risk premium is 6.00%. Google is currently priced at $821.00 per share. Google will not pay a dividend in the near future. If the stock meets its required return over the next five years, what is an estimate for its selling price five years from today?
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Financial Markets And Institutions
Authors: Stanley Eakins Frederic Mishkin
9th Global Edition
1292215003, 978-1292215006
