Question: WILL RATE PLEASE ANSWER ASAP! Question 35 1 pts West Tool Company is expected to pay a dividend of $2 in the upcoming year. The
WILL RATE PLEASE ANSWER ASAP!
Question 35 1 pts West Tool Company is expected to pay a dividend of $2 in the upcoming year. The risk-free rate of return is 6%, and the expected return on the market portfolio is 12%. Analysts expect the price of West Tool Company shares to be $29 a year from now. The beta of West Tool Company's stock is 1.2. Using a one-period valuation model, the intrinsic value of West Tool Company stock today is 1. $24.29 2. $25.75 3. $27.39 4. $29.56 5. $31.13 2 5 1 0.4 3
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