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Question Question 18 3.34 pts Tim Runnin Attend 1 Hour 2 Minute Inc. Inc. recently paid a dividend of $1.95 per share, but analysts expect

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Question Question 18 3.34 pts Tim Runnin Attend 1 Hour 2 Minute Inc. Inc. recently paid a dividend of $1.95 per share, but analysts expect the dividend to increase by 5% per year. The risk-free rate is 2.5% and the market risk premium is 8%. If Inc's beta is 1.65 and the market is in equilibrium what is the value of the stock $18.22 O $8.95 $13.04 O $19.14

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