Ranyards beta is 118 and the last dividend per share paid


Ranyard's beta is 1.18, and the last dividend per share paid was $3.68. The market risk premium is estimated to be 6.56%, and the real rate of interest is 2.17%. The liquidity risk premium is 0.9%. Analysts expect the company to grow at a rate of 3.95% indefinitely. The risk free rate is 3.26%. What should be Ranyard's current stock price? Round your answer to two decimal places.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Ranyards beta is 118 and the last dividend per share paid
Reference No:- TGS01721454

Expected delivery within 24 Hours