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Suppose that the ABC company is expected to be worth $50 per share one year from today. The company pays annual perpetual dividend of $1

Suppose that the ABC company is expected to be worth $50 per share one year from today. The company pays annual perpetual dividend of $1 per share. How much are you willing to pay for one share today if the risk- free rate is 3%, the expected rate of return on the market is 15%, and the company's beta is 1.2?

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