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A share of stock sells for $30 today. It will pay a dividend of $2 per share during the year. Its beta is 1.4. Assume

A share of stock sells for $30 today. It will pay a dividend of $2 per share during the year. Its beta is 1.4. Assume that the risk-free rate is 3% and the expected rate of return on the market is 10%. What do investors expect the stock to sell for at the end of the year?

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