Question
The risk-free rate is 2.78% and the market risk premium is 6.90%. A stock with a of 0.90 just paid a dividend of $2.58. The
The risk-free rate is 2.78% and the market risk premium is 6.90%. A stock with a of 0.90 just paid a dividend of $2.58. The dividend is expected to grow at 23.22% for five years and then grow at 3.00% forever. What is the value of the stock?
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
2nd Edition
0073530670, 9780073530673
