A share of stock sells for $50 today. It will pay a dividend of $6 per share

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A share of stock sells for $50 today. It will pay a dividend of $6 per share at the end of the year.

Its beta is 1.2. What do investors expect the stock to sell for at the end of the year?

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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