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4. (8 points) Bilibala Inc.'s most recent dividend paid was $2.40 per share. The dividend is expected to grow at a rate of 6 percent

4. (8 points) Bilibala Inc.'s most recent dividend paid was $2.40 per share. The dividend is expected to grow at a rate of 6 percent per year in the foreseeable future. The riskfree rate is 5 percent and the return on the market is 9 percent. If the company's beta is 1.3 what is the price of the stock today

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