An analyst gathered the following information for a stock and market parameters: stock beta = 1.39; expected
Fantastic news! We've Found the answer you've been seeking!
Question:
An analyst gathered the following information for a stock and market parameters:
stock beta = 1.39;
expected return on the Market = 12.77%;
expected return on T-bills = 2.41%;
current stock Price = $5.34;
expected stock price in one year = $13.67;
expected dividend payment next year = $4.1.
Calculate the required return for this stock. Please share your answer as a percentage rounded to 2 decimal places.
Related Book For
Fundamentals of Financial Management
ISBN: 978-1305635937
Concise 9th Edition
Authors: Eugene F. Brigham
Posted Date: