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ceejay corporation stock is currently selling for $30 a share. the firm has been experiencing a 6% annual growth rate. Last year's earnings per share...

ceejay corporation stock is currently selling for $30 a share. the firm has been experiencing a 6% annual growth rate. Last year's earnings per share were $4 and the dividend payout ration is 40%. the risk free rate is 8% and the market risk premium is 5%. if market risk increases by 50% and all other factors remain constant what will be the new stock price

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