The companys beta is 175 the market risk premium is 550 and


Dyer Furniture is expected to pay a dividend of D1 = $1.25 per share at the end of the year, and that dividend is expected to grow at a constant rate of 6.00% per year in the future. The company's beta is 1.75, the market risk premium is 5.50%, and the risk-free rate is 4.00%. What is Dyer's current stock price?

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Financial Management: The companys beta is 175 the market risk premium is 550 and
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