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Van Buren currently expects to pay year-end dividend of $2.00 a share (D1=2.00). Van Burens dividend is expected to grow at a constant rate of
Van Buren currently expects to pay year-end dividend of $2.00 a share (D1=2.00). Van Burens dividend is expected to grow at a constant rate of 5% a year, and its beta is 0.9. What is the current price of Van Burens stock?
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