Required: The risk-free rate of return is \5, the required rate of return on the...
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Required: The risk-free rate of return is \5, the required rate of return on the market is \10, and High-Flyer stock has a beta coefficlent of 1.5 . If the dividend per share expected during the coming year, \\( D_{1} \\), is \\( \\$ 2.50 \\) and \g=4, at what price should a share sell? (Do not round Intermedlate calculations. Round your answer to 2 decimal places.)
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Required: The risk-free rate of return is \5, the required rate of return on the market is \10, and High-Flyer stock has a beta coefficlent of 1.5 . If the dividend per share expected during the coming year, \\( D_{1} \\), is \\( \\$ 2.50 \\) and \g=4, at what price should a share sell? (Do not round Intermedlate calculations. Round your answer to 2 decimal places.) 