A share of stock sells for $$50$ today. It will pay a dividend of $$6$ per share at the end of the year. Its beta is $1\mathrm{.}2.$ Assume that the risk$-$free rate of interest is $6\%$ and the expected rate of return on the market is $16\%.$ What do investors who believe in the CAPM expect the stock to sell for at the end of the year?

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