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The risk-free rate is 1.69% and the expected return on the market 11.52%. A stock with a of 0.93 will have an expected return of

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The risk-free rate is 1.69% and the expected return on the market 11.52%. A stock with a of 0.93 will have an expected return of __%. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Caspian Sea Drinks needs to raise $65.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $2.30 next year, which will grow at 3.01% forever and the cost of equity to be 11.48%, then how many shares of stock must CSD sell? Submit Answer format: Number: Round to: O decimal places. A stock just paid a dividend of $2.38. The dividend is expected to grow at 29.67% for three years and then grow at 3.64% thereafter. The required return on the stock is 10.78%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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