Question
Thames Inc.s most recent dividend was $3.00 per share (D0 = $3.00).The dividend is expected to grow at a rate of 6 percent per year.
Thames Inc.s most recent dividend was $3.00 per share (D0 = $3.00).The dividend is expected to grow at a rate of 6 percent per year. The risk-free rate is 5 percent and the return on the market is 9 percent. If the companys beta is 1.75 what is the price of the stock today?
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Financial Reporting And Statement Analysis A Strategic Approach
Authors: Clyde P. Stickney, Paul Brown, James M. Wahlen
5th Edition
032418638X, 978-0324186383
