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A stock has a current dividend of $2.00, a forecasted growth rate of 10%, a beta =2, market return =12.4% and the risk-free rate (30

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A stock has a current dividend of $2.00, a forecasted growth rate of 10%, a beta =2, market return =12.4% and the risk-free rate (30 year US T-Bond YTM) =4%. The current stock price on the NYSE is \$15. What is the value of the stock and is the stock over- or under-valued

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