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What is the price of a share of stock if the beta is1.5, its next dividend is projected to be $ 3.50 $3.50 , and

What is the price of a share of stock if the beta is1.5, its next dividend is projected to be $ 3.50

$3.50, and its growth rate is expected to be a constant 5 %

5%, assuming the market return is 16 %

16% and therisk-free rate is 5 %

5%?

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