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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 $3.50, and its growth rate

What is the price of a share of stock if the beta is 1.5.Its next dividend is projected to be $3.50, and its growth rate is expected to be a constant 8%.



Assuming the market return is 15% and the risk-free rate is 7%?

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