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A stock with a beta of 1.4 just paid a dividend of $2.10 that is expected to grow at 7%. If the risk-free rate is
A stock with a beta of 1.4 just paid a dividend of $2.10 that is expected to grow at 7%. If the risk-free rate is 2% and the market risk premium is 5.5%, what should be the price of the stock in five years?
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