Discover a wealth of knowledge at Westonci.ca, where experts provide answers to your most pressing questions. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

Confusion Corp is expected to pay a dividend of $2 in the upcoming year. The risk-free rate of return is 4%, and the expected return on the market portfolio is 14%. The beta of Confusion Corp's stock is 1.25. If Confusion's intrinsic value is $21.00 today, what must be its growth rate

Sagot :

Answer:

6.98

Explanation: