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A company just paid a dividend of $1 per share, and that dividend is expected to grow at a constant rate of 5% per year

A company just paid a dividend of $1 per share, and that dividend is expected to grow at a constant rate of 5% per year in the future. The company's beta is 1.5, the expected return on the market is 9% and the risk-free rate is 3%. What is the company's current stock price?

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