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ABC's last dividend was $ 5 per share and is expected to grow at a constant rate of 5 % . Assuming a 4 .

ABC's last dividend was $5 per share and is expected to grow at a constant rate of 5%. Assuming a 4.5% risk free rate of return, beta of 1.2(measure of undiversifiable risk) and Market Risk Premium (price of unit risk) of 5%, what should be the value of ABC's stock based on constant growth model?

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