A stock has a beta of 2.5, the risk-free rate is 1.23% and the market risk premium
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A stock has a beta of 2.5, the risk-free rate is 1.23% and the market risk premium is 5.05%. The stock will pay a constant $2.67 as dividend in perpetuity. What is the price of the stock?
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1439078082
4th Edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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