Shakoori Corp is expected to pay a dividend of $2.25, and the dividend is expected to grow
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Shakoori Corp is expected to pay a dividend of $2.25, and the dividend is expected to grow at a constant rate of 6 percent. This stock is 25 percent more risky than the market as a whole. The risk‐free rate is 6 percent, and the equity risk premium for the market is 8 percent. What is the estimated price of the stock?
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Related Book For 
Investments Analysis And Management
ISBN: 9781118975589
13th Edition
Authors: Charles P. Jones, Gerald R. Jensen
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