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Question 4 - Dividend Discount Model Verizon has the following recent financial data. (Sources: treasury.gov; finance.yahoo.com) Current annual dividends per share (DPS): $2.56. Annual DPS,
Question 4 - Dividend Discount Model Verizon has the following recent financial data. (Sources: treasury.gov; finance.yahoo.com) Current annual dividends per share (DPS): $2.56. Annual DPS, 10 years ago: $2.00. Beta value: 0.38. U.S. Treasury annual yield: 2.48%. Expected return on the stock market: 9.0%. Current Verizon stock price: $51. Using the dividend discount model, determine whether you should buy or sell Verizon's stock. Show all work
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