What is the dollar duration (with respect to the risk-free rate) of a stock with a beta of 1.2 that just paid a USDS 1.50 dividend?

 That is expected to grow at 3% per year indefinitely in an economy with risk-free rate of 2.25% per year and an expected market return of 7% per year?

Answer rating: 100% (QA)

The dollar duration of a stock with a beta of 12 that just paid a USD 1... View the full answer