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Stock D has a beta value of 3.4. It pays annual dividends, of $90, starting one...

Stock D has a beta value of 3.4. It pays annual dividends, of $90, starting one year from today. If the risk-free return is currently .5%, and the equity risk premium is 6%, what is the present value of the stock?

Select one:

a. 430.6

b. 441.17

c. 18,000

d. 354.3

e. 1,384.6

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