Question
The risk-free rate of return is 4%, the required rate of return on the market is 12%, and High-Flyer stock has a beta coefficient of
The risk-free rate of return is 4%, the required rate of return on the market is 12%, and High-Flyer stock has a beta coefficient of 1.0. If the dividend per share expected during the coming year, D1, is $2.20 and g = 4%, at what price should a share sell? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
SHARE PRICE:
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Handbook Of Heavy Tailed Distributions In Finance
Authors: S.T Rachev
1st Edition
0444508961, 9780444508966
