alexismoore15567
alexismoore15567
17.12.2019 • 
Business

Your broker has recommended that you purchase stock in national bank & trust, inc. national bank & trust recently paid its annual dividend of $16. dividends have consistently grown at a rate of 3.50%. analysts estimate that the stock has a beta of 1.41. the current risk-free rate is 2.60% and the market return is 11.1%. assuming that capm holds, what is the intrinsic value of this stock?

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