Question: write details please Leviathan Group is expected to pay a dividend of 2.1 euros per share at the end of the year. Its beta is
write details please
Leviathan Group is expected to pay a dividend of 2.1 euros per share at the end of the year. Its beta is equal to 0.8. The risk-free rate is equal to 3% and the market risk premium is equal to 6%. Dividends are expected to grow at a constant rate, g. The selling price is 40 euros. Find the estimated price of the share 4 years from today. Note 1: Report the answer with two decimal points and with no currency unit. Note 2: Type the calculation details in the reasons box
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
