What is the companys current stock price

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B of A has a Beta of 1.65, and the current environment requires a market risk premium of 6.00% after accounting for a risk-free rate of 4.00%. The company is expected to pay a dividend of $3.00 (D1) and that dividend is expected to grow at a constant rate of 6.00% per year. What is the company’s current stock price?

Reference no: EM13883186

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