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The risk-free rate is 4%; the market risk premium is 8%. WH Companys stock has a beta of 3. The last dividend was $4 per
The risk-free rate is 4%; the market risk premium is 8%. WH Companys stock has a beta of 3. The last dividend was $4 per share. The dividend is expected to grow at 5%. What is the expected price of the stock?The risk-free rate is 4%; the market risk premium is 8%. WH Companys stock has a beta of 3. The last dividend was $4 per share. The dividend is expected to grow at 5%. What is the expected price of the stock?
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