Frazier Manufacturing paid a dividend last yer of $2 which is expected to grow at a contant
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Question:
Frazier Manufacturing paid a dividend last yer of $2 which is expected to grow at a contant rate of 5% Frazier has a beta of 1.3. If the market is returning 11% and the risk-free rate is 4%, calculate the value of Frazier's stock.
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