Question: please help ABC Company has a beta equal to that of the market and is selling for $115/ share. It will pay a dividend of
ABC Company has a beta equal to that of the market and is selling for $115/ share. It will pay a dividend of $9.75 at the end of the year. What should the stock sell for at year end? Assume the rate on Treasury bonds is 5% and the expected return on the market is 12%
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