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The risk-free rate is 4%; the market risk premium is 8%. LDC Company's stock has a beta of 1.5. The last dividend was $4.5. The
The risk-free rate is 4%; the market risk premium is 8%. LDC Company's stock has a beta of 1.5. The last dividend was $4.5. The dividend growth rate (g) is expected to be a constant of 10%. The stock'...
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