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Please show all work Company z just paid a dividend of $1 per share....

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Finance

imagePlease show all work

Company z just paid a dividend of $1 per share. The projected dividends are dividend in year one of $1.40 and dividend in year 2 of $1.82, and then a constant rate of 5% in the years thereafter. If the beta of the company's equity is 1.3, the risk free rate is 4% and the market return is 9%, calculate the expected price of the stock

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