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5 pt Question 14 Kelso Corporation just paid a dividend of Do $1.25 per share, and that dividend is expected to grow at a constant

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5 pt Question 14 Kelso Corporation just paid a dividend of Do $1.25 per share, and that dividend is expected to grow at a constant rate of 6.50% per year in the future. The company's beta is 1.70, the required return on the market is 10.50%, and the risk-free rate is 4.50 % . What is the company's current stock price? Your answer should be between 8.22 and 37.40, rounded to 2 decimal places, with no special characters. LO

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