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McD's common stock has a Beta of 0.70. The expected return of the market is 15% and the risk-free rate is 3%. McD's expects to
McD's common stock has a Beta of 0.70. The expected return of the market is 15% and the risk-free rate is 3%. McD's expects to pay a constant dividend of $2.10 every year, forever. The price of McD's common stock is $__________.
$18.42 | ||
$17.37 | ||
$20.59 | ||
$21.65 | ||
$19.48 |
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