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Siem Reap Tours, Inc. expects to pay a dividend next year of $4.65 per share. They anticipate increasing the dividend every year at 2%, indefinitely.
Siem Reap Tours, Inc. expects to pay a dividend next year of $4.65 per share. They anticipate increasing the dividend every year at 2%, indefinitely. The stock market is expected to generate a 15.50% return for the foreseeable future, and Treasury bills are producing a return of 1.90%. If the company is 70% riskier than the stock market (as measured by beta), what is the expected price of the companys stock?
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