Bimba Co. has a beta of 1.3 The expected market return is 14%, and the risk-free rate
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Bimba Co. has a beta of 1.3 The expected market return is 14%, and the risk-free rate is 6%. The most recent annual dividend for Bimba Co. was $6.26 per share and sales grew by 4% last year. It is expected taht dividends grow in the same way as sales. What is your best estimation for Bimba Co's stock price?
Related Book For
Intermediate Financial Management
ISBN: 9780357516669
14th Edition
Authors: Eugene F Brigham, Phillip R Daves
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