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You find a stock with a beta of 1.3 that just paid a dividend of $1.45 that is expected to grow at 5%. If the

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You find a stock with a beta of 1.3 that just paid a dividend of $1.45 that is expected to grow at 5%. If the risk-free rate is 3% and the market risk premium is 8%, what should be the price of the stock in four years? A. $22.03 B. $41.12 C. $20.98 D. $18.13

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