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7. Given the following information for the common shares of Xanada, Ltdl, calculate the value of beta for the company. Assume that the share is

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7. Given the following information for the common shares of Xanada, Ltdl, calculate the value of beta for the company. Assume that the share is in equilibrium. Current price per common share $75 Last dividend paid per share $4.50 Constant annual dividend growth rate 4% Risk-free rate of return 3% Return on market portfolio 7% a) Calculate the value of beta for the company

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