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A stock generates a perpetual cash flow of $8 per share, per year. The market index has an expected return of 14% and the risk

A stock generates a perpetual cash flow of $8 per share, per year. The market index has an expected return of 14% and the risk free rate is 3%. If the stock's listed beta is 1.0 and I believe the true beta is 1.3, how much is the stock overpriced? $18.20 $25.78 $10.90

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