National Advertising just paid a dividend of D0 = $0.75 per share, and that dividend is expected to grow at a constant rate of 6.50% per year in the future. The company's beta is 1.25, the required return on the market is 10.50%, and the risk-free rate is 4.50%. What is the company's current stock price?
A. $14.52
B. $14.89
C. $15.26
D. $15.64
E. $16.03
Answer: A
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Answer the following statement true (T) or false (F)
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A. promissory note B. factoring agreement C. bond indenture D. trade credit note E. receivables agreement
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