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Bateico's stock is curtently selling for $160.00 per share and the firm's dividends are expected to grow at 5 percent indefinitely. In addition, Batelco's most

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Bateico's stock is curtently selling for $160.00 per share and the firm's dividends are expected to grow at 5 percent indefinitely. In addition, Batelco's most recent dividend was $5.50. If the expected risk-free rate of retum is 3 percent, the expected market return is 8 percent. and Batelco has a beta of 1.2. Batelco's stock: would be a. overvalued b. not enoughinformation to tell c. properly valued d. undervalued

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