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Middlefield Motors stock is expected to be priced at 61.34 dollars in 1 year. It is expected to pay its next dividend, which is expected
Middlefield Motors stock is expected to be priced at 61.34 dollars in 1 year. It is expected to pay its next dividend, which is expected to be 2.44 dollars, in 1 year. The stock has a beta of 0.73. The market has an expected return of 14.65 percent, the risk-free rate is 6.6 percent, and the inflation rate is 1.24 percent. What is the current price of Middlefield Motors stock?
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