Question
I'm studying and have a practice problem I cant figure out. Grant Corporation is selling for $40 in the market and just paid a $3
I'm studying and have a practice problem I cant figure out.
Grant Corporation is selling for $40 in the market and just paid a $3 dividend for the past year. The company's beta is .8, the market return is 12% and the risk free rate is 6%. What is the constant growth rate for this stock?
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CFIN
Authors: Scott Besley, Eugene Brigham
5th edition
1305661656, 9781305888036 , 978-1305666870
