Stock price is $45. Dividend is $4.00. Treasury bill,s interest rate is 2.5percent.
Average rates of return on treasury bill is 3.9.
Treasury bonds is 5.2 and average premium vs. Try. Bill is 1.3.
Common stock is
11.5 and avg. Premium. Is 7.6.
(1900-2013).
What is discount rate on stock.