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Question 4 of 6 16.67 Points Click to see additional instructions XYZ Corporation's beta is calculated 1.80. The corporation paid $2.65 dividend last year. The
Question 4 of 6 16.67 Points Click to see additional instructions XYZ Corporation's beta is calculated 1.80. The corporation paid $2.65 dividend last year. The growth rate in XYZ's earnings and dividends is estimated 15.00% for the next 5 years, after which the growth rate will be 5.00%. The risk-free rate of return is 7.00%, and XYZ's management estimates that the market return is 15.00%. Calculate the current common stock price of the corporation. Your Answer: (Round to the nearest cents: use two decimals. The answers are in terms of dollars, provide your answers without the dollar sign. e.g. 123.45) The common stock price is $ Save 19
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