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Chase bank paid a dividend of D0 = $1 per share (annual dividend) just now, and that dividend is expected to grow at a constant
Chase bank paid a dividend of D0 = $1 per share (annual dividend) just now, and that dividend is expected to grow at a constant rate of 8% per year in the future. The company's beta is 0.75, the market risk premium is 10%, and the risk-free rate is 6%. What is the company's current stock price?
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