Question
The Edward Company is expected to pay a dividend of D 1 = $1.00 per share at the end of the year, and that dividend
The Edward Company is expected to pay a dividend of D1 = $1.00 per share at the end of the year, and that dividend is expected to grow at a constant rate of 2.00% per year in the future. The company's beta is 1.15, the market risk premium is 5.50%, the expected market return is 8%, and the risk-free rate is 4.00%. What is the required rate of return, rs?
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Principles Of Finance With Excel
Authors: Simon Benninga, Tal Mofkadi
3rd Edition
0190296380, 9780190296384
