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Find price of the stock-gollies inc

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Reference no: EM132696118

Gollies Inc.'s most recent dividend was $3.00 per share (D0= $3.00). The dividend is expected to grow at a rate of 6 percent per year. The risk free rate is 5 percent and the return on the market is 9 percent. If the company's beta is 1.5, what is the price of the stock today?

Reference no: EM132696118

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