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Business, 27.11.2019 22:31 hellp138

The francis company is expected to pay a dividend of d1 = $1.25 per share at the end of the year, and that dividend is expected to grow at a constant rate of 6.00% per year in the future. the company's beta is 1.70, the market risk premium is 5.50%, and the risk-free rate is 4.00%. what is the company's current stock price? do not round intermediate calculations.

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