Question
q8 Fraizer Manufacturing paid a dividend last year of $2, which is expected to grow at a constant rate of 5%. Fraizer has a beta
q8
Fraizer Manufacturing paid a dividend last year of $2, which is expected to grow at a constant rate of 5%. Fraizer has a beta of 1.3. If the market is returning 11% and the risk-free rate 4%, calculate the value of Fraizer's stock.
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Entrepreneurship Successfully Launching New Ventures
Authors: Bruce R. Barringer, R. Duane Ireland
5th edition
978-0133797190
