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QPT paid a $3 per share dividend yesterday. (D0=$3) The dividend is expected to grow at 7 percent per year for the foreseeable future. QPT has a beta of 1.6, a standard deviation of returns of 28 percent, and a required return of 19%.

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Question: What is the value of a share of QPT common stock?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91173696

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