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I keep getting 46.23, I'm not sure what I'm doing wrong. dividend, Do, was $1.25, its beta is 1.20, the market risk premium is 5.50%,
I keep getting 46.23, I'm not sure what I'm doing wrong.
dividend, Do, was $1.25, its beta is 1.20, the market risk premium is 5.50%, and the risk-free rate is 3.00%. What is the current price of the common stock? Select the correct answer. a. $40.56 b. $41.58 =. \$41.24 d. $41.92 e. $40.90Step by Step Solution
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