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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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
