Question
The risk-free rate is 3.74% and the market risk premium is 9.78%. A stock with a of 0.94 just paid a dividend of $2.73. The
The risk-free rate is 3.74% and the market risk premium is 9.78%. A stock with a of 0.94 just paid a dividend of $2.73. The dividend is expected to grow at 22.71% for three years and then grow at 4.55% forever. What is the value of the stock?
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th Edition
1260772381, 978-1260772388
