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The Lashgari Company is expected to pay a dividend of $0.75 per share at the end of the year, and that dividend is expected to

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The Lashgari Company is expected to pay a dividend of $0.75 per share at the end of the year, and that dividend is expected to grow at a constant rate of 5% per year in the future. The company's beta is 1.5; the market risk premium is 5%, and the risk-free rate is 3%. What is the company's current stock price? [Hint: find required rate of return first and then stock price.] 13.64 11.33 NI X 10.50 7.50 NA 2

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