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The Corrigan Company just paid a dividend of $1.28 per share, and that dividend is expected togrow at 15% for each of the next three
The Corrigan Company just paid a dividend of $1.28 per share, and that dividend is expected togrow at 15% for each of the next three years then at a constant rate of 3.5% per year in thefuture. The risk-free rate of interest is 3.50% and the current return on the Market 9.85%. Corrigans current Beta was measured to be 1.15. What is the company's current stock price?
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