The risk-free rate is 6 percent the required rate of return

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The risk-free rate is 6 percent, the required rate of return on the market is 12 percent, and stock A has a beta coefficient of 1.2. If the dividend expected during the coming year is $2 and the growth rate of dividends and earnings is 7 percent, at what price should stock A sell?

Reference no: EM13484378

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