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A share of stock sells for $100 today. It will pay a dividend of $6 per share at the end of the year. Its beta
A share of stock sells for $100 today. It will pay a dividend of $6 per share at the end of the year. Its beta is 0.8. What do investors expect the stock to sell for at the end of the year? The risk-free rate is 4% and the expected return on the market is 12%.
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