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Question 9 1 pts Your broker has recommended that you purchase stock in National Bank & Trust, Inc. National Bank & Trust recently paid its
Question 9 1 pts Your broker has recommended that you purchase stock in National Bank & Trust, Inc. National Bank & Trust recently paid its annual dividend of $19. Dividends have consistently grown at a rate of 2.3%. Analysts estimate that the stock has a beta of 1.22. The current risk-free rate is 2.10% and the market return is 10.6%. Assuming that CAPM holds, what is the intrinsic value of this stock? C$196.66 C$174.04 C$194.67 C$205.99 C $191.12
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