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Schnusenberg Corporation just paid a dividend of $0.75 per share. The dividend is expected to grow at a constant rate of 6.50% per year. The
Schnusenberg Corporation just paid a dividend of $0.75 per share. The dividend is expected to grow at a constant rate of 6.50% per year. The companys beta is 1.25, the expected return on the stock market is 10.50%, and the risk-free rate is 4.50%. what is the companys current stock price?
A. $13.64
B. $14.55
C. $14.89
D. $15.26
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