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Business, 27.05.2020 19:10 cluchmasters5634

FI Corporationdisappointed investors by cutting theannual expected ROE from 12% to 6% indefinitely. At the beginning ofthe year, the earnings per share were $8and the firm reinvested in its projects $6 per share. If the risk free rate is 2%, the expected rate of return of the market portfolio is 8% and the beta of the stock is 1.33, calculatethe current stock price usingthe DDM

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FI Corporationdisappointed investors by cutting theannual expected ROE from 12% to 6% indefinitely....
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