ABC Inc. has a beta of 0.9 plans to pay a dividend of $1.00 per share next period. They expect the dividend to grow at a constant rate of 3% in the future. If the return on the S&P 500 index is 10% and the risk-free rate is 1.25%, what is the company's intrinsic price per share

Answer rating: 100% (QA)

The intrinsic price per share of a stock can be calculated using the Gordon Growth Mod... View the full answer