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Question 12 1 pts Based on the information of Question 11, calculate the current value...

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Question 12 1 pts Based on the information of Question 11, calculate the current value of Down Under's shares. Show all your work. Questions 11 and 12 are based on the same information below. Down Under Financial recently paid a dividend of 1.80 Australian dollars (A$). An analyst has examined the financial statements and historical dividend policy of DownUnder and expects that the firm's dividend rate will grow at a constant rate of 3.5% indefinitely. The analyst also determines DownUnder's beta is 1.5, the risk-free rate is 4%, and the expected return on the market portfolio is 8%. Estimate DownUnder's required return Show all your work

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