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Shakoori Corp. is expected to pay a dividend of $2.50, and the dividend is expected to grow at a constant rate of 5%. This stock
Shakoori Corp. is expected to pay a dividend of $2.50, and the dividend is expected to grow at a constant rate of 5%. This stock is 20% more risky than the market as a whole. The risk-free rate is 4%, and the equity risk premium for the market is 8%. The estimated price of the stock is?
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