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Posted on Jul 10, 2024

Wasabi Inc. just paid its annual dividend of $1/share. The dividend is expected to grow by 6.7% per year in the next 3 years and

Wasabi Inc. just paid its annual dividend of $1/share. The dividend is expected to grow by 6.7% per year in the next 3 years and 3% thereafter. Wasabis stock has a beta of 1.4. The risk-free rate is 3.3% and the market return is 14%. What is the value of a share of Wasabi stock today? ROUND TO FIVE DECIMALS

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