Question
The risk-free rate of return is 4% and the expected return on the market is 9.2%. Stock A has a beta coefficient of 1.5
The risk-free rate of return is 4% and the expected return on the market is 9.2%. Stock A has a beta coefficient of 1.5 and dividend growth rate 5% Current dividend is $2.10 a share. What would be the market price of the stock?
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Corporate Financial Management
Authors: Glen Arnold
5th edition
978-1292178066, 129217806X, 273758837, 978-0273758839
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