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Please choose one of the given options, thank you! A company is expected to pay a dividend of $3.25 one year from now. The dividend

Please choose one of the given options, thank you!
A company is expected to pay a dividend of $3.25 one year from now. The dividend is expected to grow at 3% per year. The market has a historical risk premium of 7%, and the current risk free rate is 2%. The beta of the company is 1.10. What is the value of the company's stock?
A. $38.20
B. $44.96
C. $48.51
D. $52.50

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