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Business, 07.11.2019 22:31 ameliaxbowen7

Mcgaha enterprises expects earnings and dividends to grow at a rate of 25% for the next 4 years, after the growth rate in earnings and dividends will fall to zero, i. e., g = 0. the company's last dividend, d0, was $1.25, its beta is 1.20, the market risk premium is 5.50%, and the risk-free rate is 3.00%. what is the current price of the common stock? a. $26.77b. $27.89c. $29.05d. $30.21e. $31.42

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Mcgaha enterprises expects earnings and dividends to grow at a rate of 25% for the next 4 years, aft...
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