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6. (6) A common share of stock received a dividend of $4.00 per share this year and is growing at 10 percent per year. The

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6. (6) A common share of stock received a dividend of $4.00 per share this year and is growing at 10 percent per year. The firm has a beta of 1.5 in terms of its return to the return of the market; the market return is expected to be 10 percent and the risk free rate is 2 percent. What is the appropriate value for each share of this corporation's common stock? 2

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