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24-05-2023
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The Isberg Company just paid a dividend of $1.00 per share, and that dividend is expected to grow at a constant rate of 14.40% per year in the future. The company's beta is 1.60, the market risk premium is 9.00%, and the risk-free rate is 2.50%. What is the company's current stock price? OA. 52.35 OB. 40.00 OC. 43.65 O D. 45.76

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