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16. Banz Corporation just paid a dividend of DO = $0.75 per share, and that dividend is expected to grow at a constant rate of
16. Banz Corporation just paid a dividend of DO = $0.75 per share, and that dividend is expected to grow at a constant rate of 4.5% per year in the future. The company's beta is 1.25, the required return on the market is 10.5%, and the risk-free rate is 4.5%. What is the company's current stock price? * O A. $10.45 B. $10.89 O C. $12.26 D. $12.64 O E. None of the above
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