Business, 15.08.2020 17:01 bankroll42

A share of stock is now selling for $115. It will pay a dividend of $9 per share at the end of the year. Its beta is 1. What do investors expect the stock to sell for at the end of the year? Assume the risk-free rate is 5% and the expected rate of return on the market is 14%. (Round your answer to 2 decimal places.) Expected selling price $

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A share of stock is now selling for $115. It will pay a dividend of $9 per share at the end of the y...

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