#30 The risk-free rate is 2.87% and the market risk premium is 8.60%. A stock with a β of 1.55 just paid a dividend of $1.72. The dividend is expected to grow at 24.81% for three years and then grow...

#30

The risk-free rate is 2.87% and the market risk premium is 8.60%. A stock with a β of 1.55 just paid a dividend of $1.72. The dividend is expected to grow at 24.81% for three years and then grow at 4.29% forever. What is the value of the stock?

Answer format:Currency: Round to: 2 decimal places.

Jun 10, 2022

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#30 The risk-free rate is 2.87% and the market risk premium is 8.60%. A stock with a β of 1.55 just paid a dividend of $1.72. The dividend is expected to grow at 24.81% for three years and then grow...

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