Stevens inc is growing quickly and is fairly risky stevens, Ask an Expert

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Stevens, Inc. is growing quickly and is fairly risky. Stevens just paid its first dividend of 3.00, but the beta Stevens' stock is 2.6.

Stevens expect earnings and dividends to grow at 20% per year for the next two years, 15% for the following year and 6% per year thereafter. Treasury bills have a 2% annual return and the market risk premium is 10%. What is the value of a share of Steven's stock today?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92832870

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