QUESTION 15 "Westsyde Tool Company is expected to pay a dividend of $1 in the...
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QUESTION 15 "Westsyde Tool Company is expected to pay a dividend of $1 in the upcoming year. The risk free rate of return is 2.5%, and the expected return on the market portfolio is 12%. Analysts expect the price of Westsyde Tool Company shares to be $10 a year from now. The beta of Westsyde Tool Company's stock 10.95. Using the CAPM, an appropriate required return on Westsyde Tool Company's stock is
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