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10. A stock is expected to pay a dividend of $0.95 at the end of the year. The required rate of retum is rL=10.5%, and

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10. A stock is expected to pay a dividend of $0.95 at the end of the year. The required rate of retum is rL=10.5%, and the expected constant growth rate is g=6%. What is the stock's current price? 11. Dyer Furniture is expected to pay a dividend of D1=$1.25 per share at the end of the year, and that dividend is expected to grow at a constant rate of 6.00% per year in the future. The company's beta is 1.3, the market risk premium is 5.50%, and the risk-free rate is 4.00%. What is Dyer's current stock price? 12. The last dividend paid by Coppard Inc. was $1.75. The dividend growth rate is expected to be constant at 25% for 3 years, after which dividends are expected to grow at a rate of 6% forever. If the firm's required return (rs) is 11%, what is its current stock price

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