A Corporation will a dividend of $8.00 per share, and that dividend is expected to grow at a constant rate of 5% per year in the future. The company’s beta is 1.50, the market return is 6.50%, and the risk-free rate is 3.50%. What is the company’s current stock price?
Answers D is incorrect. which one is correct and why?
Answer :- Option C is Correct. The Explanation has been provided below:-
Get Answers For Free
Most questions answered within 1 hours.