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Ne-Jupiter Enterprises anticipates that its dividend at the end of the year will be $2.00 a share. The dividend is expected to grow at
Ne-Jupiter Enterprises anticipates that its dividend at the end of the year will be $2.00 a share. The dividend is expected to grow at a constant rate of 7 percent a year. The risk-free rate is 4 percent, the market risk premium is 4 percent, and the company's beta equals 1.2. What is the expected price of the stock now?
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
8th Edition
1285190904, 978-1305176348, 1305176340, 978-1285190907
