Question: After careful analyzing AutoZone stock, you think that it will trade for $100.00 in one year. AutoZone has announced a dividend for next year of

After careful analyzing AutoZone stock, you think that it will trade for $100.00 in one year. AutoZone has announced a dividend for next year of $1.00 per share. Further research shows that AutoZone has a beta of 0.80. The current risk free rate is 3.00%, and the market portfolio risk premium is 6.00%. How much is the stock worth to you today?

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