Question
What is the price of a share of stock if the beta is2, its next dividend is projected to be $3 , and its growth
What is the price of a share of stock if the beta is2, its next dividend is projected to be $3, and its growth rate is expected to be a constant 7%, assuming the market return is 16% and therisk-free rate is 6 %?
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Options Futures and Other Derivatives
Authors: John C. Hull
10th edition
013447208X, 978-0134472089
