Question: The probability distribution form for the coming year is as follows: f Probability 0.15 0.30 0.30 0.20 0.05 796 8 9 10 12 If IRE
The probability distribution form for the coming year is as follows: f Probability 0.15 0.30 0.30 0.20 0.05 796 8 9 10 12 If IRE - 6,05% and Stock X has a beta of 2.5, an expected constant growth rate of 7 percent, and D1 - $2, what market price gives the investor a return consistent with the stock's risk? O $36.90 $42.38 $39.62 $34.50
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