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What is the price of a share of common stock that has an expected dividend of $3.00, a tax rate of 30%, a required return

What is the price of a share of common stock that has an expected dividend of $3.00, a tax rate of 30%, a required return of 15%, an expected growth rate of 5%, and a beta of 2.0?

A.

$6.00

B.

$3.00

C.

$30.00

D.

$15.00

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