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The Falcon Company is expected to pay a dividend of D1 = $2.50 per share and that dividend is expected to grow at a constant

The Falcon Company is expected to pay a dividend of D1 = $2.50 per share and that dividend is expected to grow at a constant rate of 5.50% per year in the future. The company's beta is 1.45, the market risk premium is 4.75%, and the risk-free rate is 2.25%. What is the company's current stock price?

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