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7. Suppose the stock has a beta of 3.15, the risk-free rate is 6% per year, and the expected rate of return on the market

7. Suppose the stock has a beta of 3.15, the risk-free rate is 6% per year, and the expected rate of return on the market portfolio is 21% per year, then what is the required rate of return on IBX stock?

What is the intrinsic value of IBX stock, and how does it compare to the current market price?

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