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Stock X has a beta value of 1. It pays annual dividends, of $5, starting one year from today. If the risk-free return is currently

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Stock X has a beta value of 1. It pays annual dividends, of $5, starting one year from today. If the risk-free return is currently 2%, and the equity risk premium is 5%, what is the present value of the stock? Select one a. 71.43 b. 55.55 c. 100.0 d. 5.0 e. 250.0

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