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A company anticipates its next dividend to be $2.40 and has constant growth in its dividends of 4%. The beta of this companys stock is

A company anticipates its next dividend to be $2.40 and has constant growth in its dividends of 4%. The beta of this companys stock is 1.2. If the return on the S&P 500 is currently 20% and the return on US T-Bills is 5%, what is the value of this stock?

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