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A common stock pays an annual dividend per share of $5.00. The risk-free rate is 8% and the risk premium for this stock is 2%.

A common stock pays an annual dividend per share of $5.00. The risk-free rate is 8% and the risk premium for this stock is 2%. If the annual dividend is expected to remain at $5.00, what is the value of the stock?

Stock value $

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