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vuestion 15 1 pts A company's stock return beta is 1.5 . Its current dividend per share is $20, which is expected to grow at
vuestion 15 1 pts A company's stock return beta is 1.5 . Its current dividend per share is $20, which is expected to grow at a constant rate of 8.600%. The annual expected return on the market portfolio is 10% and the risk-free rate is 4%. Assuming CAPM holds, what should the company's stock price be today (round your answer to 1 decimal place)
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