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A company is has a beta of 2.1 and is currently pay $2 dividend per year with an expected to growth at 10% per year.

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A company is has a beta of 2.1 and is currently pay $2 dividend per year with an expected to growth at 10% per year. Assuming the rate of return of the SP500 12% and the risk-free rate of 4%, what is the value of the stock? 20.37 O None of the given answers is correct. 18.25 18.52 81.52

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