Question: Given: Tbills = 3%, E(Rm) = 15% Beta = 1.5, Dividends next year = $8 Steady dividend growth rate of dividends = 3% Find the

Given: Tbills = 3%, E(Rm) = 15% Beta = 1.5, Dividends next year = $8 Steady dividend growth rate of dividends = 3% Find the A) CAPM Market Expected rate of Return. B) Implied price of the stock using the DDGM and your answer from A

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