Question: Question 1 6 ( 2 6 . 2 5 points ) Saved Listen A company currently pays a dividend of $ 4 per share (

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A company currently pays a dividend of $4 per share (D0=$4). It is estimated that the company's dividend will grow at a rate of 20% per year for the next 2 years and then at a constant rate of 7% thereafter. The company's stock has a beta of 1.2, the risk-free rate is 7.5%, and the market risk premium is 4%. What is your estimate of the stock's current price? A/
Question 1 6 ( 2 6 . 2 5 points ) Saved Listen A

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