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Business, 26.11.2019 05:31 sjjarvis53211

Driver products recently paid its annual dividend of $2, and reported an roe of 15%. the firm pays out 50% of its earnings as dividends. the stock has a beta of 1.44. the current risk-free rate is 2.5% and the market return is 11%. assuming that capm holds, what is the intrinsic value of this stock?

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