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You are considering the purchase of the common stock of Kevin Corporation. Given the following information, explain whether or not if you would buy the
You are considering the purchase of the common stock of Kevin Corporation. Given the following information, explain whether or not if you would buy the stock. Support your conclusions with computations.
The current market price of Kevin is $180 per share. The one-year target estimated price is $220 per share. The next dividend per share is expected to be $4.00. The beta for Kevin is 1.80. The risk-free rate is 4.0%. The market risk premium is 6.0%.
The current market price of Kevin is $180 per share. The one-year target estimated price is $220 per share. The next dividend per share is expected to be $4.00. The beta for Kevin is 1.80. The risk-free rate is 4.0%. The market risk premium is 6.0%.
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
