At what price would share of zb stock be expected to sell


ZB Enterprises pays a current dividend of $1.80 and dividends are expected to grow at a rate of 6% annually in the foreseeable future. ZB Enterprises has a beta of 1.1. If the risk-free rate is 8.5 and the market risk premium is 5%, at what price would a share of ZB stock be expected to sell?

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Microeconomics: At what price would share of zb stock be expected to sell
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