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7. Assume the risk-free rate is 5% and the market risk premium is 8%. The stock of Physicians Care Network (PCN) has a beta of

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7. Assume the risk-free rate is 5% and the market risk premium is 8%. The stock of Physicians Care Network (PCN) has a beta of 1.5. The last dividend paid by PCN (DO) was $2 per share. What would PCN's stock value be if the dividend were expected to grow at a constant rate 0% Choice: $0.00 Choice: $5.05 Choice: $11.77 Choice: $20.40 0. 21 toide 2001

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