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Question 1 1 pts A share of stock sells for $50 today. It will pay a dividend of $1 per share at the end
Question 1 1 pts A share of stock sells for $50 today. It will pay a dividend of $1 per share at the end of the year. It beta is 1.2. Assume that the risk-free rate is 4% and the expected rate of return on the market is 10%. What do investors expect the stock to sell for at the end of the year?
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International financial management
Authors: Jeff Madura
9th Edition
978-0324593495, 324568207, 324568193, 032459349X, 9780324568202, 9780324568196, 978-0324593471
