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What is the value of a stock that has a current divident per share of $5, a beta of 1.1 and constant growth of 5%?
What is the value of a stock that has a current divident per share of $5, a beta of 1.1 and constant growth of 5%? The return on the s&P is 10% and the return on the US T-Bills is 4%.
Answer Choices: 93.75, 89.29, 91.06, 95.25 or 87.21
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