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Show me the steps to solve JansCorp's beta is 1 . 6 , the risk - free rate is 1 . 3 % , and

Show me the steps to solve JansCorp's beta is 1.6, the risk-free rate is 1.3%, and the market risk premium is 7.5%. The stock will pay a dividend 1 year from now of $8.96, and you expect future dividends to grow at a constant rate of 2.6% per year. If the CAPM holds, what should today's stock price be?

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