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Problem IT): The machka Company is expected to pay a dividend of $1 per share at the end of the year, and that dividend is

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Problem IT): The machka Company is expected to pay a dividend of $1 per share at the end of the year, and that dividend is expected to grow at a constant rate of 5% per year in the future. The company's beta is 1.2, the market risk premium is 5%, and the risk-free rate is 3%. what is the company's current stock price

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