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The risk-free rate is 4%; the market risk premium is 8%. KLL Companys stock has a beta of 1.5. The last dividend was $4 per
The risk-free rate is 4%; the market risk premium is 8%. KLL Companys stock has a beta of 1.5. The last dividend was $4 per share. The dividend is expected to grow at 5%. What is the expected price of the stock in four years?
Select one:
a. 50.55
b. 48.31
c. 46.41
d. 52.32
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