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A company is expected to pay a dividend of $0.95 per share next year, and that dividend is expected to grow at a constant rate
A company is expected to pay a dividend of $0.95 per share next year, and that dividend is expected to grow at a constant rate of 5.50% per year in the future. The company's beta is 1.25, the market risk premium is 9.50%, and the risk-free rate is 3.50%. What is the company's current stock price? $5.26 None of the given answers is correct $6.58 $9.62 $7.53
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