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A company's dividend has increased to $2.10 over the last year and is expected to be $2.20 next year. If we assume that after next
A company's dividend has increased to $2.10 over the last year and is expected to be $2.20 next year. If we assume that after next year's dividend will constantly grow at 7%, what is the value of this stock today if the company's beta is 1.2? The rate of return on T-bills is 3% and the expected return of the market is 10%. A. $47.73 B. $50.00 C. $53.00 D. $34.00 E. $36.04
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