Question: You have until 9:00 PM to complete this assignment. Intro Runtan Inc. has just paid an annual dividend of $0.45 per share. Analysts expect the

You have until 9:00 PM to complete this assignment. Intro Runtan Inc. has just paid an annual dividend of $0.45 per share. Analysts expect the firm's dividends to grow by 2% forever. Its stock price is $37.9 and its beta is 1.3 . The risk-free rate is 2% and the expected return on the market portfolio is 8%
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