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Problem1 : Company just paid a dividend of $1.32.Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2, and

Problem1 : Company just paid a dividend of $1.32.Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The company is of low-risk whose beta coefficient is 0.75, the return on market portfolio is 10 percent and return on risk-free asset is 2 %is 8.00%.What is the best estimate of the current market value of Company's stock?

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