An analyst gathered the following information for a stock and market parameters: stock beta= 1.03; ...
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An analyst gathered the following information for a stock and market parameters: stock beta= 1.03; • expected return on the Market = 11.24%; • expected return on T-bills = 4.05%; • current stock Price = $8.03; • expected stock price in one year = $14.55; expected dividend payment next year = $3.44. Calculate the expected return for this stock. Please share your answer as a percentage rounded to 2 decimal places. An analyst gathered the following information for a stock and market parameters: stock beta= 1.03; • expected return on the Market = 11.24%; • expected return on T-bills = 4.05%; • current stock Price = $8.03; • expected stock price in one year = $14.55; expected dividend payment next year = $3.44. Calculate the expected return for this stock. Please share your answer as a percentage rounded to 2 decimal places.
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Related Book For
Fundamentals of Financial Management
ISBN: 978-1305635937
Concise 9th Edition
Authors: Eugene F. Brigham
Posted Date:
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