30. You are thinking of buying a stock priced at $100 per share. Assume that the risk-free...
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30. You are thinking of buying a stock priced at $100 per share. Assume that the risk-free rate is about 5.5% and the market risk premium is 9%. If you think the stock will rise to $122 per share by the end of the year, at which time it will pay a $1.5 dividend, what beta would it need to have for this expectation to be consistent with the CAPM?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781292018409
3rd Global Edition
Authors: Berk, Peter DeMarzo, Jarrad Harford
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