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what is answer to question? please show work without excel 3,840.00 YE $24,000 $48,000 The XYZ Company just paid a dividend of DO = $1.5
what is answer to question? please show work without excel
3,840.00 YE $24,000 $48,000 The XYZ Company just paid a dividend of DO = $1.5 per share, and that dividend is expected to grow at a constant rate of 4.00% for the first 4 years and then 2% per year from year 5 till forever. The company's beta is 1.1, the expected market return is 8%, and the risk-free rate is 3.00%. (a) What is the company's current stock price? (b) What is expected stock price in 5 years? (c) What is expected stock price in 8 years Step by Step Solution
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