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melisooflyy melisooflyy
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WaterCo is a manufacturer of boat parts and has been in business only a few years. Its board of directors decided to start paying a dividend to help boost the attractiveness of its stock. The dividend will be $0.50 per share next year. After that dividends will increase by 4 percent per year. The company has a beta of 1.6. The market rate of return is 8% and the T-bill rate is 3%. Should you purchase shares in this firm at the current market price of $6.98 per share?
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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cryzazncryzazn
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melisooflyy Author
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2 years ago
Helped a lot
karamsidhu1
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
sudenzia
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2 hours ago
You make an excellent tutor!
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