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A share of stock sells for $ 5 1 today. The beta of the stock is 0 . 7 5 and the expected return on

A share of stock sells for $51 today. The beta of the stock is 0.75 and the expected return on the market is 12 percent. The stock is expected to pay a dividend of $1.00 in one year. If the risk-free rate is 5.0 percent, what should the share price be in one year? Round to the nearest answer
A: 57
B: 59
C: 63
D Unknown
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