Question: Thames Inc.'s most recent dividend was $300 per share (D0 = $3.00). The dividend is expected to grow at a rate of 6 percent per

Thames Inc.'s most recent dividend was $300 per share (D0 = $3.00). The dividend is expected to grow at a rate of 6 percent per year. The risk-free rate is 5 percent and the return on the market is 9 percent. If the company's beta is 1.5, what is the price of the stock today? A $57 14 B. $68.06 C. $40.00 OD $63.60 E $60.57 ho

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