You are considering the purchase of the common stock of Kevin Corporation. Given the following information, explain
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Question:
The current market price of Kevin is $180 per share. The one-year target estimated price is $220 per share. The next dividend per share is expected to be $4.00. The beta for Kevin is 1.80. The risk-free rate is 4.0%. The market risk premium is 6.0%.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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