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McGaha Enterprises expects earnings and dividends to grow at a rate of 38% for the next 4 years, after the growth rate in earnings

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McGaha Enterprises expects earnings and dividends to grow at a rate of 38% for the next 4 years, after the growth rate in earnings and dividends will fall to zero, i.e., go. The company's last dividend, Do, was $1.25, its beta is 1.20, the market risk premium is 5-50%, and the risk-free rate is 3.00%. What is the current price of the common stock? Select the correct answer. a. $41.37 b. $43.02 Oc$42.47 d. $41.92 e. $43.57

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