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22. The risk-free rate is 1.75% and the market risk premium is 8%. What is the price of the stock with a of 1.45 if

22. The risk-free rate is 1.75% and the market risk premium is 8%. What is the price of the stock with a of 1.45 if the dividend expected next year is $10 and expected to grow forever at 3% ? a. 88.33 b. 90.11 c. 93.47 d. 96.62 e. 99.07

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