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22 The risk-free rate is 1.71% and the market risk premium is 6.77%. A stock with a B of 1.48 just paid a dividend of

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22 The risk-free rate is 1.71% and the market risk premium is 6.77%. A stock with a B of 1.48 just paid a dividend of $1.98. The dividend is expected to grow at 21.29% for three years and then grow at 3.57% forever. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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