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You are considering investing in General Motors. Based on your research you've gathered the following information: Beta: 0 . 9 4 Risk - Free Rate:
You are considering investing in General Motors. Based on your research you've gathered the following information:
Beta:
RiskFree Rate:
Market Risk Premium:
Next Year's Dividend: $
You also don't expect General Motor's dividend to change going forward. Under the DDM what is the most you should be willing to pay for a share of General Motors?
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