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Kelso Corporation just paid a dividend of D_0 = $1.05 per share, and that dividend is expected to grow at a constant rate of 6.50% per year in the future.

The company's beta is 1.70, the required return on the market is 10.50%, and the risk-free rate is 4.50%. What is the company's current stock price?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92803403

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