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Business, 03.05.2021 14:40 Kin90ful

The risk free rate of return is 10%, the required rate of return on the market is 15%, and High-Flyer stock has a beta of 1.5. If the dividend expected during the coming year is $2.50 per share and it is expected to grow at 5% per year. (a) At what price should a share of High-Flyer sell (its intrinsic value at t

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