Given the following information from Wildhorse Corporation, what price would the CAPM predict that the...
50.1K
Verified Solution
Link Copied!
Question
Finance
Given the following information from Wildhorse Corporation, what price would the CAPM predict that the companys stock will trade for one year from today? (Do not round intermediate calculations. Round final answer to 2 decimal places, e.g. 50.75.)
Risk free rate: 2.9%
Market risk premium: 6.7%
Beta: 0.60
Current stock price: $69.15
Annual dividend: $1.95
Price $
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!
