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The Francis Company is expected to pay of D_1 = $1.25 per share at the end of the year, and that dividend is expected to
The Francis Company is expected to pay of D_1 = $1.25 per share at the end of the year, and that dividend is expected to grow at a constant rate of 6.00% per year in the future. The company's be is 1, l5. the market risk premium is 5.50%. and the risk-free rate is 4.00% What is the company's current stock price? a. $28.90 b. $29.62 c. $30.36 d. $31.12 e. $31.90
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