Trump corporation ix expected to pay a dividend of $3.00 next year (D₁) and has a beta of 1.2. Dividends are expected to grow at 3 percent into the foreseeable future. The expected return on the market is 0.12 the risk-free rate is 0.01. What is the required return on Trump stock? Answer should be to 2 decimals--- Ex: .34 Be sure to round properly. ex. .336 rounds to .34 and .342 rounds to .34

Trump corporation ix expected to pay a dividend of $3.00 next year (D₁) and has a beta of 1.2. Dividends are expected to grow at 3 percent into the foreseeable future. The expected return on the market is 0.12 the risk-free rate is 0.01. What is the required return on Trump stock? Answer should be to 2 decimals--- Ex: .34 Be sure to round properly. ex. .336 rounds to .34 and .342 rounds to .34

Name: Trump corporation ix expected to pay a dividend of $3.00 next year (D
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Description: Trump corporation ix expected to pay a dividend of $3.00 next year (D₁) and has abeta of 1.2. Dividends are expected to grow at 3 percent into the foreseeable future.The expected return on the market is 0.12 the risk-free rate is 0.01.What is the re

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter8: Basic Stock Valuation

Section: Chapter Questions

Problem 3P

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