Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. maryland technology stock is expected to be priced

Maryland Technology stock is expected to be priced at $52.80 in 1 year. It is...

60.1K

Verified Solution

Question

Finance

Maryland Technology stock is expected to be priced at $52.80 in 1 year. It is expected to pay its next dividend, which is expected to be $2.50, in 1 year. The stock has a beta of 0.60. The market has an expected return of 13.10% and the risk-free rate is 1.00%. What is the current price of Maryland Technology stock?

$48.77 (plus or minus $0.10)
$51.08 (plus or minus $0.10)
$46.68 (plus or minus $0.10)
$48.89 (plus or minus $0.10)
None of the above is within $0.10 of the correct answer

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

Q

1 st 43 The frequency of radiation emitted when the 4 to n 1 in...

Physics
Q

The Sound of a Voice by David Henry Hwang: 1. Hwang employs many symbols - a...

Psychology
Q

The most serious slave rebellion of the colonial period was the Stono Uprising the Middle...

Biology
Q

Moment of inertia of a disc about OO is of A 3 mr 2 B...

Physics
Q

The area of a sector of a circle with a central angle of 150 is...

Geometry
Q

Write the equation of the line in slope-intercept form that has a slope of 2...

Basic Math
Q

Required information [The following information applies to the questions displayed below.] ...

Accounting
Q

Stubbs Company uses the perpetuat inventory method and the weighted average cost flow method On...

Accounting
Q

Prepare the operating activities section of the statement of cash flows using the direct method...

Accounting
Q

(a) Coit of the land 5

Accounting
Q

A TV factory pays the following total costs each quarter janinors: $25,000, supenvisors $75,000 and...

Accounting
Q

Exercise 2-2 (Algo) Apply Overhead Cost to Jobs [LO2-2] Luthan Company uses a plantwide predetermined...

Accounting