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(5) 581.13 W. Excon's dindends ais expected to grow at a fate of 15% during the next two years. 10% in the third year, and

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(5) 581.13 W. Excon's dindends ais expected to grow at a fate of 15% during the next two years. 10% in the third year, and ot a constant rate of 5% therea stock h one yesk (PI)? (1) 537,47 (2) 53447 (5) 239.47 (4) 540.47 (5) 841,47 9. Which of the following is/are true for a stock with beta equal to 1.5 ? I. The stock has a 50% higher expected return than the average stock. II. Given a market risk premium of 10%, the expected retum on the stock would be 15%. III. The stock has 50% more systematic risk than the average stock. 1. I only 2. II only 3. III only 4, I and III only 5. I, II, and

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