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4.(10 percent) A stock is expected to pay a dividend of $2.25 at the end of the year. Its beta is 1.4, the market risk

4.(10 percent) A stock is expected to pay a dividend of $2.25 at the end of the year. Its beta is 1.4, the market risk premium is 5.50%, the risk-free rate is 4.00%, and the expected constant growth rate (g) is 8%. What is the stock's current price

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