Stock Price/ Portfolio beta / Investment
1.- Malenke's Incorporated paid a dividend (Do) of $2.00 this morning. Malenke's stockholders require a 20 percent of return. Calculate Malenke's stock price under the following scenarios: Malenke's earnings and dividends remain constant forever. Malenke's earnings and dividends grow at a rate of 10 percent forever. Malenke'