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A stock with a beta of 1.4 is expected to pay a dividend of $1.80 next year that is expected to grow at 7% per

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A stock with a beta of 1.4 is expected to pay a dividend of $1.80 next year that is expected to grow at 7% per year afterward. If the risk-free rate is 3% and the market risk premium is 7%, what should be the current price of the stock? A. $33.21 O B. $112.50 O C. $31.03 OD. $120.38

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