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The current date is January 1 , 2 0 X 3 . At the end of 2 0 X 3 , Bio - Fuel Generation

The current date is January 1,20X3. At the end of 20X3, Bio-Fuel Generation Inc. (BFG) will pay a dividend of $0.75, which increases by 8% in 20X4 and 6% in 20X5. Thereafter, the constant growth rate will be 3%. Based on market data, you have determined that the current risk-free rate is 3% and the expected market price of risk is 5%. You have estimated that the industry beta is 1.9. ASAP need excel solution

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