The Washington Corp stock has a β of 1.15 and it will pay a dividend of $2.50 next year. The expected rate of return of the market is 17% and the current riskless rate is 9%. The expected rate of growth of Washington is 4%. Find the value of its common stock.
$17.61 per share

Posted Date: 3/12/2013 6:28:20 AM | Location : United States

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