Gmx corporations stock is selling for 40 in the market the


Question: GMX Corporation's stock is selling for $40 in the market. The company's beta is 0.8, the market risk premium is 6%, and the risk-free rate is 9%. The previous dividend was $2 (D0 = $2) and dividends are expected to grow at a constant rate. What is the stock's growth rate?

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Finance Basics: Gmx corporations stock is selling for 40 in the market the
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