Question: The stock you should value is UTX (United Technologies). Using www.reuters.com, find the stock's beta and the dividend. Assume the dividend paid is the last

The stock you should value is UTX (United Technologies). Using www.reuters.com, find the stock's beta and the dividend. Assume the dividend paid is the last dividend paid. Studies indicate that the market risk premium ranges from 4% to 8%. Assume a market risk premium of 6%. Using the data obtained in (1) and (2) use CAPM to determine the required rate of return for this stock.

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