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a share of stock sells A share of stock sells for $42 today. The beta of the stock is 1.4 and the expected return on
a share of stock sells 
A share of stock sells for $42 today. The beta of the stock is 1.4 and the expected return on the market is 14 percent. The stock is expected to pay a dividend of $1.50 in one year. If the risk-free rate is 4.1 percent, what should the share price be in one year? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Step by Step Solution
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N. Hyman
6th Edition
0030213088, 9780030213083
