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Business, 18.12.2019 21:31 ricky9070

Schnusenberg corporation just paid a dividend of d 0 = $0.75 per share, and that dividend is expected to grow at a constant rate of 6.50% per year in the future. the company's beta is 1.25, the required return on the market is 10.50%, and the risk-free rate is 4.50%. what is the company's current stock price?
a. $14.52
b. $14.89
c. $15.26
d. $15.64
e. $16.032

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