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A few minutes ago. Company A paid its stockholders a dividend of $1.00 per share. You expect the company to continue par dividends forever, with

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A few minutes ago. Company A paid its stockholders a dividend of $1.00 per share. You expect the company to continue par dividends forever, with the size of the dividend growing at 2% each year. The risk-free rate is 3%, the expected return on the market is 10%, and the company has a beta of 0.7. Based on your predictions, what is the stock worth right now? Go to the nearest penro, HNT: First, figure out the expected return on the stock (""). How to do that? Use the CAPM. Then use the appropriate dividend-based stock pricing model to figure out what the stock is worth

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