What is the price of stock today

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Reference no: EM131599727

Simple Foods Inc.’s most recent dividend was $2.5 per share (D0). The dividend is expected to grow at a rate of 4 percent per year. The risk-free rate is 2% and the return on the market is 9%. If the company’s beta is 0.9, what is the price of the stock today?

$60.47

$63.03

$59.02

$58.17

$62.14

Reference no: EM131599727

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