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If rRF (risk free rate of return) = 3%, rM (Market rete of return) = 8%, and b(beta)= 1.2, D0 (dividend today) = $2 and

If rRF (risk free rate of return) = 3%, rM (Market rete of return) = 8%, and b(beta)= 1.2, D0 (dividend today) = $2 and g (growth rate of dividend) =4% (constant), how much is the stock price)?

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