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The risk-free rate is 3%, and the expected market return is 12%. You are analyzing shares of XYZ corp which has a beta of 1.3

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The risk-free rate is 3%, and the expected market return is 12%. You are analyzing shares of XYZ corp which has a beta of 1.3 . It pays a dividend of $2.40 per share, which you expect to grow by 7% annually. You value this stock at

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