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Timco paid a 2 dividend last year. This is expected to continue forever. Timco has a beta of 3, the market is expected to earn

Timco paid a 2 dividend last year. This is expected to continue forever. Timco has a beta of 3, the market is expected to earn 14% and the risk free rate is 3%. Find the price. (5.56) Let the Timco dividend in number 4 grow at 8% forever. What would the price be now?

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