A stock just paid $4.2 dividend yesterday. The dividend is expected to grow at 2.7% per year thereafter. If the beta of

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answerhappygod
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A stock just paid $4.2 dividend yesterday. The dividend is expected to grow at 2.7% per year thereafter. If the beta of

Post by answerhappygod »

A stock just paid $4.2 dividend yesterday. The dividend is
expected to grow at 2.7% per year thereafter. If the beta of the
stock is 0.9, risk-free rate is 2.6%, and the market risk premium
is 6%, then using the dividend discount model, the stock price
should be _______. (Round your answer to two decimal
places, such as 12.34)
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