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What is the company current stock price-national advertising

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National Advertising just paid a dividend of Do=$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 1.5, the required return on the market is 10.50%, and the risk-free rate is 4.5%. What is the company's current stock price?

Reference no: EM132641703

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