Question: Please help me study. Acne Payday Lenders has a beta of 1.14, a stock price of $32.68, and recently paid an annual dividend of $0.44
Please help me study.
Acne Payday Lenders has a beta of 1.14, a stock price of $32.68, and recently paid an annual dividend of $0.44 per share. The market has a 14.6 percent rate of return and a risk-free rate of 4.0 percent.The value needed, but not provided, is the dividend growth rate (as a %).
The formula needed is?
c)The terminal point model
d)The Capital Asset Pricing Model
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