Question
In a recent research report for Seagate Technologies (STX), Standard and Poors ranked STX as a 4-star buy. Excerpts from the research report included: Current
In a recent research report for Seagate Technologies (STX), Standard and Poors ranked STX as a 4-star buy. Excerpts from the research report included:
- Current STX stock price is $30.02
- A one-year target price of $35.00
- Expected quarterly dividends of $0.32 per share over the next year, $1.28 total
- Stock beta of 2.20
The prevailing risk-free is 3.25%, and the applicable equity risk premium is 7.5%.
What is Standard and Poors expected holding period percentage return over the next year for STX?
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Public Finance In Theory And Practice
Authors: Richard Abel Musgrave, Peggy B. Muscrave
5th Edition
0070441278, 978-0070441279
