Question
You find a stock that just paid a dividend of $2 expected to grow at 4% with a beta of 1.8. If the risk-free rate
You find a stock that just paid a dividend of $2 expected to grow at 4% with a beta of 1.8. If the risk-free rate is 2% and the market risk premium is 6%, what should be the price of the stock?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
10th edition
77861671, 978-0077861674
