Question
Urgent response will highly be appreciated. I shall up vote. Please send clear solutions and explanations if possible, thank you The beta on common stock
Urgent response will highly be appreciated. I shall up vote. Please send clear solutions and explanations if possible, thank you
The beta on common stock shares of Mwiindi PPE Ltd is 1.60. The shares are currently trading at K14.75 and paid a dividend of KO.72 per share last year, a figure that is expected to grow by 3 percent annually for the foreseeable future.) Calculate the price you expect the shares of Mwiindi PPE Ltd to be trading at in one year's time, if the risk free rate of return is 13.5 percent and market price of risk is 5.5 percent.
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