Question: please use excel Given the following data for Stock A, calculate the price of the stock. Risk-Free rate 3% Market rate of return 12% Beta
Given the following data for Stock A, calculate the price of the stock. Risk-Free rate 3% Market rate of return 12% Beta of the stock 1.2 Dividend growth rate 7% Most recent dividend (Do) $3.00 (Hint: Use the Capital Asset Pricing Model to calculate the required rate of return Use the Constant Dividend Growth Model to calculate the price of the stock)
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