Question
Bavarian Sausage is expected to pay a dividend of $1.6 per share at the end of the year, and that dividend is expected to grow
Bavarian Sausage is expected to pay a dividend of $1.6 per share at the end of the year, and that dividend is expected to grow at a constant rate of 5% per year in the future. The company's beta is 1.5, the market risk premium is 6%, and the risk-free rate is 2%. What is the company's current stock price in $?
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Mobile Communications
Authors: Jochen Schiller
2nd edition
978-0321123817, 321123816, 978-8131724262
