Problemthe zuwalt company is expected to pay a dividend of, Ask an Expert

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Problem:

The Zuwalt Company is expected to pay a dividend of $3.00 per share at the end of the year, and that dividend is expected to grow at a constant rate of 5.00% per year in the future. The company's beta is 1.2, the market risk premium is 6%, and the risk-free rate is 4.00%.

Required:

Question: What is the current market price of the stock?

Note: Please solve the given numerical and provide appropriate solution.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91174464

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