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The yield of Treasury securities is 4% and the expected return on the market portfolio is 10%. If the beta of a company's common stock
The yield of Treasury securities is 4% and the expected return on the market portfolio is 10%. If the beta of a company's common stock is 0.8 and the company just paid an annual dividend of $2 per share. The dividend is expected to grow by 2% forever. The value of this stock should be _____.
Group of answer choices
$23.18
$25.5
$29.41
$30
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