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Business, 04.12.2019 02:31, archersmithdrag
The isberg company just paid a dividend of $0.75 per share, and that dividend is expected to grow at a constant rate of 5.50% per year in the future. the company's beta is 1.15, the market risk premium is 5.00%, and the risk-free rate is 4.00%. what is the company's current stock price, p0? a. $18.62 b. $19.08 c. $19.56 d. $20.05 e. $20.55
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