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A Stock Is Expected to Pay a Year-End Dividend of $8

Question 73

Multiple Choice

A stock is expected to pay a year-end dividend of $8 and then to sell at a price of $109.The risk-free interest rate is 4%,the expected market return is 12% and the stock has a beta of 0.8.What is the stock price today?


A) $102.99.
B) $98.73.
C) $105.98.
D) $109.00.

Correct Answer:

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