Find and calculate the today stock price

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Question 1: A stock is anticipated to pay year-end dividend of $3.00 per share. The dividend is also predicted to grow at a constant rate of 5% a year. The risk-free rate is 6% and the market risk premium is 5%. Please note that the beta of this stock is 0.8. Calculate the today's stock price.

Reference no: EM132544859

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