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the answer is right i just don't know how to solve A share of stock is expected to sell for $100 and pay a dividend
the answer is right i just don't know how to solve
A share of stock is expected to sell for $100 and pay a dividend of $2 at the year's end. What is the fair price of the stock today if its beta is 1.34? Assume that the risk-free rate is 0.05 and the expected risk premium on the market is 0.12% Round your answer to the nearest cent. 84.24 Step by Step Solution
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