Assume that the risk-free rate of interest is 5% and the expected rate of return on the market is 17%. A share of stock sells for $64 today. It will pay a dividend of $2 per share at the end of the year. Its beta is 1.0. What do investors expect the stock to sell for at the end of the year?
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Home » Business » Assume that the risk-free rate of interest is 5% and the expected rate of return on the market is 17%. A share of stock sells for $64 today. It will pay a dividend of $2 per share at the end of the year. Its beta is 1.0.