The stock of mb gold mining corporation has a beta of -050


M&B Gold Mining Corporation is expected to pay a dividend of S6 in the upcoming year. Dividends are expected to decline at the rate of 3% per year. The riskless rate of return is 5% and the expected return on the market portfolio is 13%. The stock of M&B Gold Mining Corporation has a beta of -0.50. Using the constant growth DDM what is the intrinsic value of the stock?

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Financial Management: The stock of mb gold mining corporation has a beta of -050
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