What is the price of the stock per share today

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Question - Thames Inc.'s most recent dividend was $2 per share (D0 = $2). The dividend is expected to grow at a rate of 5% per year. The risk-free rate is 3% and the return on the market is 9%. If the company's beta is 1.5, what is the price of the stock per share today?

Reference no: EM133030976

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