The dividend distributed for the No-Land Company was $5 per share. Risk free rate is...

60.1K

Verified Solution

Question

Finance

The dividend distributed for the No-Land Company was $5 per share. Risk free rate is 4%, market risk premium is 6% and the firm's beta is 2. The dividend increases by 3% every year. What is the value of the stock in 5 years?

$50.50

$75

$45.93

$60.48

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students