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A stock whose price is currently $125 that offers a rate of return of 13 percent. The expected return on the market portfolio is 16
A stock whose price is currently $125 that offers a rate of return of 13 percent. The expected return on the market portfolio is 16 percent, and the risk-free rate of return is currently 6 percent. Suppose that expected returns are generated by the CAPM. If the stock's beta increases by 94 percent what will the firm's share price become?(Please show working)
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