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Traders Inc. just paid a dividend of $4.00 per share, which is expected to grow at a rate of 3% in perpetuity. The stock has
Traders Inc. just paid a dividend of $4.00 per share, which is expected to grow at a rate of 3% in perpetuity. The stock has a beta of 1 , the risk-free rate is 5%, and the market risk premium is 7%. The value of the company's stock today is closest to: $44.44 $45.78 $46.48
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