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The risk free rate is currently 2% and the required return on the market portfolio is 8%.If a specific stock is estimated to have a

The risk free rate is currently 2% and the required return on the market portfolio is 8%.If a specific stock is estimated to have a CAPM beta coefficient of 1.2 and the $2.00 per share dividend paid at the end of the previous year is expected to grow at a 5% constant rate, what is the current value of the share of stock?

 

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