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Roku has a beta of 0.93 and just paid a dividend of 53 cents per share. Its dividends are expected to grow at a rate

Roku has a beta of 0.93 and just paid a dividend of 53 cents per share. Its dividends are expected to grow at a rate of 11%. If the risk-free rate is 1.9% and the market risk premium is 14%, what is the fair price of a share of Roku stock using the Gordon Growth Model?

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