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Suppose Alpha Inc, Inc. has just paid a dividend of $1 per share. The dividend is expected to grow at a rate of 5% per

Suppose Alpha Inc, Inc. has just paid a dividend of $1 per share. The dividend is expected to grow at a rate of 5% per year. The beta coefficient of Alpha is 0.9the risk free rate is 2% and the expected return on the market is 12%. What should be the price of a share of Alpha ?

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