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please use excel to support your answer Question 9 0/3 points You are considering an investment in the common stock of Crisp's Cookware. The stock
please use excel to support your answer
Question 9 0/3 points You are considering an investment in the common stock of Crisp's Cookware. The stock is expected to pay a dividend of $1.90 a share at the end of the year (D1=1.90). The stock has a beta of 0.9. The risk-free rate is 4.0%, and the market expected return is 9.5%. The stock's dividend is expected to grow at some constant rate g. The sock currently sells for $26 a share. Assuming the market is in equilibrium, what does the market believe will be the stock price at the end of 4 years? Answer: * (27.75) * ($) Step by Step Solution
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