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A company is expected to earn $3 per share next year and earnings should grow 3.5% per year into the future. The company has a

A company is expected to earn $3 per share next year and earnings should grow 3.5% per year into the future. The company has a beta of 1.2. The risk free rate is 4% and the risk premium is 6%. The company has an ROE of 10%. What is the stock worth?

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