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5. Share A has a current price of $25.00, a beta of 1.25, and a dividend yield of 6%. If the risk-free rate is 5%
5. Share A has a current price of $25.00, a beta of 1.25, and a dividend yield of 6%. If the risk-free rate is 5% and the market portfolio is expected to return 14% p.a., what should Share A sell for at the end of an investor's 2-year investment horizon? (7 marks)
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