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Please show your work. The risk-free rate is 3.68% and the market risk premium is 8.74%. A stock with a B of 1.60 just paid
Please show your work.
The risk-free rate is 3.68% and the market risk premium is 8.74%. A stock with a B of 1.60 just paid a dividend of $1.12. The dividend is expected to grow at 23.75% for three years and then grow at 4.34% forever. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal placesStep by Step Solution
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