Question
The risk-free rate is 1.18% and the market risk premium is 6.36%. A stock with a of 0.88 just paid a dividend of $2.54. The
The risk-free rate is 1.18% and the market risk premium is 6.36%. A stock with a of 0.88 just paid a dividend of $2.54. The dividend is expected to grow at 21.54% for three years and then grow at 3.58% forever. What is the value of the stock?
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Risk Sensitive Investment Management
Authors: Mark H A Davis, Sébastien Lleo
1st Edition
9814578037, 978-9814578035
