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A share of stock with a beta of 0.8 currently sels for $50. Investors expect the stock to pay a yeor-end dividend of $5. The

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A share of stock with a beta of 0.8 currently sels for $50. Investors expect the stock to pay a yeor-end dividend of $5. The T-bill fate is 1%, and the market risk premium is 6%. If the stock is percelved to be fairly priced today, what much be investors' expectation of the price of the stock at the end of the year? $ Hint [CAPM] Expoctad Rotum (R)

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