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6. (Assume the risk-free rate is 8% and the expected rate of return on the market is 19%. Use the SML of the simple (one-factor)

6. (Assume the risk-free rate is 8% and the expected rate of return on the market is 19%. Use the SML of the simple (one-factor) CAPM for this question.) A share of stock is now selling for $99. It will pay a dividend of $7 per share at the end of the year. Its beta is 1. What must investors expect the stock to sell for at the end of the year

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