Business, 13.08.2020 18:01 wedestttefera
Todd Mountain Development Corporation is expected to pay a dividend of $3 in the upcoming year. Dividends are expected to grow at the rate of 8% per year. The risk-free rate of return is 5%, and the expected return on the market portfolio is 17%. The stock of Todd Mountain Development Corporation has a beta of .75. Using the constant-growth DDM, the value of the stock is . A. 17.65 B. 50 C. 4 D. 37.50
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Todd Mountain Development Corporation is expected to pay a dividend of $3 in the upcoming year. Divi...
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