A stock has a beta of 1.57, the risk-free rate is 1.45% and the market...

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Finance

A stock has a beta of 1.57, the risk-free rate is 1.45% and the market premium is 3.54%. The stock will pay a $1.66 as dividend for 20 years (starting a year from now) and after that nothing (firm will liquidate). What is the price of the stock

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