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Company plans to pay its shareholder a quarterly dividend of $5 per share, with the first dividend paid out six month from now. Given that
Company plans to pay its shareholder a quarterly dividend of $5 per share, with the first dividend paid out six month from now. Given that the company has a beta of 2, the annual risk premium is 6%, and the annual risk-free rate is 2%, find the present value of a share of this stock
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