Question
QUESTION 48 A stock is selling for $50 in the market. The company's beta is 1.2, the market risk premium (rM - rF) is 5%,
QUESTION 48 A stock is selling for $50 in the market. The company's beta is 1.2, the market risk premium (rM - rF) is 5%, and the risk-free rate is 3%. The most recent dividend paid is D0 = $2 and dividends are expected to grow at a constant rate g. What's the dividend growth rate g for this stock?
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
11th Global Edition
1292094184, 978-1292094182
