Ranyards beta is 109 and the last dividend per share paid


Question: Ranyard's beta is 1.09, and the last dividend per share paid was $4.15. The market risk premium is estimated to be 7.77%, and the real rate of interest is 2.09%. The liquidity risk premium is 0.6%. Analysts expect the company to grow at a rate of 3.87% indefinitely. The risk free rate is 2.91%. What should be Ranyard's current stock price? Round your answer to two decimal places.

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Finance Basics: Ranyards beta is 109 and the last dividend per share paid
Reference No:- TGS02861570

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