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Silver Corp. just paid a dividend of $1.5 per share, and that dividend is expected to grow at a constant rate of 3.50% per year

  1. Silver Corp. just paid a dividend of $1.5 per share, and that dividend is expected to grow at a constant rate of 3.50% per year in the future. The company's beta is 1. 5, the required return on the market is 9.50%, and the risk- free rate is 2.50% What is the company's current stock price?

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