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FRAZIER INC PAID A DIVIDEND LAST YEAR OF $2.00, WHICH IS EXPECTED TO GROW AT A CONSTANT RATE OF 5%. FRAZIER HAS A BETA OF
FRAZIER INC PAID A DIVIDEND LAST YEAR OF $2.00, WHICH IS EXPECTED TO GROW AT A CONSTANT RATE OF 5%. FRAZIER HAS A BETA OF 1.3. IF THE MARKET IS RETURNING 11% AND THE RISK-FREE RATE IS 45, CALCULATE THE VALUE OF FRAZIER'S STOCK.
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