What is the current price of middlefield motors stock

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Middlefield Motors stock is expected to be priced at 43.76 dollars in 1 year. It is expected to pay its next dividend, which is expected to be 2.3 dollars, in 1 year. The stock has a beta of 0.83. The market has an expected return of 15.92 percent, the risk-free rate is 6.91 percent, and the inflation rate is 1.3 percent. What is the current price of Middlefield Motors stock?

Reference no: EM131918205

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