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value 062 points The risk-free rate of return is 5%, the required rate of return on the market is 10%, and High-Flyer stock has a

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value 062 points The risk-free rate of return is 5%, the required rate of return on the market is 10%, and High-Flyer stock has a beta coefficient of 1.1. If the dividend per share expected during the coming year, D1, is $2.60 and g-4%, at what price should a share sell? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Share price $ References eBook & Resources Worksheet Leaming Objective: 13-02 Calculate the intrinsic value of a firm using either a constant-growth or multistage dividend discount model Check my work O Type here to search Et

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