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What will the value of the stock in the previous question be in 3 years if the risk-free rate and expected market retun have risen
What will the value of the stock in the previous question be in 3 years if the risk-free rate and expected market retun have risen to
4%
and
10.25%
, respectively, at that time?\ Calculate D4 using the div growth rate, calculate the new CAPM r, then use DGM to find P3.
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