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QUESTION
For a company having a beta of 1.1, a current stock price of $40 per share, and an expected dividend this coming year of $2.80 per share, what is the...
For a company having a beta of 1.1, a current stock price of $40 per share, and an expected dividend this coming year of $2.80 per share, what is the projected stock price one year from today? (Assume the market risk premium is 12%and the risk-free rate is 6 percent).
