Question
The Paul Company's last dividend paid was $3.00, and is expected to grow at 4.0% indefinitely. If the risk free rate is 3.0%, the market
The Paul Company's last dividend paid was $3.00, and is expected to grow at 4.0% indefinitely. If the risk free rate is 3.0%, the market risk premium is 5.0% and the firm's beta is 1.5, what is the expected value of its common stock?
1) 156.00
2) 48.00
3) 46.15
4) 150.00
5) none of these are correct
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Stock Market Investing For Beginners
Authors: Andrew P.C.
1st Edition
1549522132, 978-1549522130
