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24-05-2023
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The Zumwalt Company is expected to pay a dividend of $1.60 per share at the end of the year, and that dividend is expected to grow at a constant rate of 10.90% per year in the future. The company's beta is 1.40, the market risk premium is 8.50%, and the risk-free rate is 1.00%. What is the company's current stock price? OA. 80.00 B. 78.50 O C.76.00 O D. 82.40

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