National advertising just paid a dividend of do 075 per, Financial Management

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National advertising just paid a dividend of do 075 per

National Advertising just paid a dividend of Do = $0.75 per share, and that dividend is expected to grow at a constant rate of 6.50% per year in the future. The company's beta is 1.7, the required return on the market is 10.50%, and the risk-free rate is 4.50%. What is the company's current stock price?

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Financial Management: National advertising just paid a dividend of do 075 per

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