Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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schnusenberg corporation just paid a dividend of d0 = $0.75 per share, and that dividend is expected to grow at a constant rate of 6.50% per year in the future. the company's beta is 1.65, the required return on the market is 10.50%, and the risk-free rate is 4.50%. what is the company's current stock price?
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