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You work for Ace Company, a constant growth firm which will pay a dividend of $1.90(D1=$1.90). Ace just announced it is investing in a risky

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You work for Ace Company, a constant growth firm which will pay a dividend of $1.90(D1=$1.90). Ace just announced it is investing in a risky project that will increase the firm's growth rate and its cost of equity to be 4%, and 12%, respectively. What should be the firm's stock price now

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