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A firm recently paid a dividend of $4.2S per share but analyst expect the dividend to decrease by 8% per year. The risk free rate

A firm recently paid a dividend of $4.2S per share but analyst expect the dividend to decrease by 8% per year. The risk free rate is3.5% and the market risk premium is 7.5%. If its beta is 2.85 and the market is in equilibrium what is the value of the stock?

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