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A stock is expected to pay a dividend of Rs.20 a share at the end of the year. The stock has a beta equal to

A stock is expected to pay a dividend of Rs.20 a share at the end of the year. The stock has a beta equal to 1.5. The risk-free rate is 8 percent, and the market average return is 14 percent. The stocks dividend is expected to grow at some constant rate g. The stock currently sells for Rs.80 a share. Assuming the market is in equilibrium, what does the market believe will be the stock price at the end of 4 years?

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