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If a dividend was issued by a company for $0.75 (D0=.75) and is expected to grow at a constant rate of 6.5% in the future. The company’s beta is 1.65 and the required return on the market is 10.5% and the risk free rate is 4.5%. What is the companies current stock price.,,the answer is $10.41 per share and i have no idea how they got this. i need to know the steps to get this answer, especially how beta impacts stock price valuation. thank you so much for any help.

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