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What is the price of a share of stock if the beta is 1.5, its next dividend is projected to be $2.00, and its growth

What is the price of a share of stock if the beta is 1.5, its next dividend is projected to be

$2.00,

and its growth rate is expected to be a constant

4%,

assuming the market return is

17%

and the risk-free rate is

6%?

The price of a share of stock is?

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