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Business, 02.09.2021 21:50 angelina12386

3. Ridgeway Construction has an FCFE of 2.50 Canadian dollars (C$) per share and is currently operating at a target debt-to-equity ratio of 0.4. The expected return on the market is 9%, the risk free rate is 4%, and Ridgeway has a beta of 1.5. The expected growth rate of FCFE is 4.5%. Calculate the value of Ridgeway stock. ​

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3. Ridgeway Construction has an FCFE of 2.50 Canadian dollars (C$) per share and is currently operat...
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