Question
Hettenhouse Integrated Systems Inc. is expected to pay a year-end dividend of $1.20 per share (i.e. D1 = $1.20), and that dividend is expected to
Hettenhouse Integrated Systems Inc. is expected to pay a year-end dividend of $1.20 per share (i.e. D1 = $1.20), and that dividend is expected to grow at a constant rate of 3.00% per year in the future. The company's beta is 1.10, the market risk premium is 5.00%, and the risk-free rate is 3.50%. What is the company's current stock price?
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Routledge Handbook Of Financial Technology And Law
Authors: Iris Chiu, Gudula Deipenbrock
1st Edition
0367344149, 978-0367344146
