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You are considering an investment in Jn Corporation's stock, which just paid a dividend of$ 0.2 and has a beta of 0.9. The risk -
You are considering an investment in Jn Corporation's stock, which just paid a dividend of$ 0.2 and has a beta of 0.9. The risk - free rate is 4 %, and the market risk premium is 5%. Justus currently sells at $ 5.00 per shares, and its dividend is expected to grow at a constant rate g. Assuming that the market is in equilibrium, what does this market believe will be the stock price at the end of 4 years?
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