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CCV Corporation has just paid a dividend of $4 per share, its growth rate is estimated to be 6% per year, and its stock beta

  1. CCV Corporation has just paid a dividend of $4 per share, its growth rate is estimated to be 6% per year, and its stock beta is 4. The current 10-year Treasury bond yield is 2.5% and the market risk premium is estimated to be 8%. What is the expected price of the stock?

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