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The Alpha Company is currently pays a $1.50 per share dividend. The constant growth rate on dividends and earnings is expected to be 5.50% for

The Alpha Company is currently pays a $1.50 per share dividend.
The constant growth rate on dividends and earnings is expected to be 5.50% for the foreseeable future.
Investors believe that the required return on the stock is 17.5%.
What is the expected value of Alpha one year from now?

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