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%.
Using CAPM, what is the required return for STX?
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
3rd Edition
0471375942, 978-0471375944
