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The stock of Zoomo Corp. has a beta of 1.4 and is expected to pay a dividend of $2.10 next year that should continue to

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The stock of Zoomo Corp. has a beta of 1.4 and is expected to pay a dividend of $2.10 next year that should continue to grow at 5.5% annually. If the risk-free rate is 3% and the expected market return is 7%, what should be the current price of the stock? A. $71.47 B. $67.74 C. $28.77 D. $30.35

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