Question
The risk-free rate is 2.59% and the market risk premium is 7.85%. A stock with a of 1.65 just paid a dividend of $1.07. The
The risk-free rate is 2.59% and the market risk premium is 7.85%. A stock with a of 1.65 just paid a dividend of $1.07. The dividend is expected to grow at 21.05% for three years and then grow at 3.07% forever. What is the value of the stock?
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Cost Benefit Analysis
Authors: Harry F. Campbell, Richard P.C. Brown
3rd Edition
1032320753, 9781032320755
