The risk-free rate of return is 6 the required rate of


The risk-free rate of return is 6%, the required rate of return on the market is 12%, and High-Flyer stock has a beta coefficient of 1.7. If the dividend per share expected during the coming year, D1, is $2.80 and g = 5%, at what price should a share sell?

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Financial Management: The risk-free rate of return is 6 the required rate of
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