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Rogers Inc's most recent dividend was $1.60 per share(D0= $1.60). The dividend is expected to grow at a rate of 4.5% per year. The risk-free

Rogers Inc's most recent dividend was $1.60 per share(D0= $1.60). The dividend is expected to grow at a rate of 4.5% per year. The risk-free rate is 4.25% and the market risk premium is 6.25%. If the company's beta is 1.12, what is the price of the stock today? Show steps

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