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What is the price of a share of common stock that has a dividend of $1.00, a tax rate of 50%, a required return of
What is the price of a share of common stock that has a dividend of $1.00, a tax rate of 50%, a required return of 10%, an expected growth rate of 5%, and a beta of 2.0?
1) 40.00
2) 1.00
3) 20.00
4)10.00
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