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A share you bought at a price of $50.00 has an expected dividend of $1.50 next year. Given that its beta is 1.9 and the

A share you bought at a price of $50.00 has an expected dividend of $1.50 next year. Given that its beta is 1.9 and the expected return of the market is 9.41% and the risk-free rate is 1.79%, what is your estimate for the fair value of the share next year?

Provide your answer to two decimal places.

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