Question
The risk-free rate is 1.05% and the market risk premium is 7.09%. A stock with a of 1.45 just paid a dividend of $2.61. The
The risk-free rate is 1.05% and the market risk premium is 7.09%. A stock with a of 1.45 just paid a dividend of $2.61. The dividend is expected to grow at 22.36% for three years and then grow at 3.94% forever. What is the value of the stock?
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Principles Of Finance With Excel
Authors: Simon Benninga
2nd Edition
0199755477, 9780199755479
