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A mature company's stock is trading at $107.85 and it will pay a dividend next year of $3.22 per share. Analysts believe that the stock

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A mature company's stock is trading at $107.85 and it will pay a dividend next year of $3.22 per share. Analysts believe that the stock will grow at 3.5% annually forever. If the market risk premium is calculated at 7.27% and the risk-free rate is at 3.45%, what is the stock's beta

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