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The risk-free rate is 3.08% and the market risk premium is 5.78%. A stock with a of 1.50 just paid a dividend of $2.84.
The risk-free rate is 3.08% and the market risk premium is 5.78%. A stock with a of 1.50 just paid a dividend of $2.84. The dividend is expected to grow at 20.33% for three years and then grow at 3.11% forever. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places.
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Basic Finance An Introduction to Financial Institutions Investments and Management
Authors: Herbert B. Mayo
10th edition
1111820635, 978-1111820633
