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QUESTION 40 2.5 The Francis Company is expected to pay a dividend of D1 $1.25 per share at the end of the year, and that

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QUESTION 40 2.5 The Francis Company is expected to pay a dividend of D1 $1.25 per share at the end of the year, and that dividend is expected to grow at a constant rate of 6.00% per year in the future. The company's beta is 1.70, price? the market risk premium is 5.50%, and the risk-free rate is 4.00%. What is the company's current stock a. $13.44 b.$17.01 c.$14.80 d. $18.03 e. $12.93

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