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QUESTION 9 The stock price of a certain company currently sells for $27.75 a share. The stock's dividend is projected to increase at a constant

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QUESTION 9 The stock price of a certain company currently sells for $27.75 a share. The stock's dividend is projected to increase at a constant rate of 6.50% per year. The beta of this company is 1.25, the risk free rate is 5.5% and the market risk premium is 11.75%. What is the expected stock price 5 years from today? $39.84 $38.27 $38.02 $34.58 $32.90

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