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Twenty years ago a XYZ stock paid a $ 0 . 1 0 dividend. Since then it has split two for one once and three
Twenty years ago a XYZ stock paid a $ dividend. Since then it has split two for one once and three for two once. XYZ current earnings per share are $ and the plowback ratio is The dividends are expected to grow with their historical rate for the next five years. Beginning year six, return on equity is expected to be If the firm's beta is the risk free rate is and the market risk premium is what the stock's price should be
Please explain any equations used and any screenshots of excel formulas thank you!
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