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Beta coefficient of X Ltd is 1.4. The company has been maintaining 8% growth rate in dividend and earning. The last dividend paid was Rs

Beta coefficient of X Ltd is 1.4. The company has been maintaining 8% growth rate in dividend and earning. The last dividend paid was Rs 4. Return on GOI securities is 10% while the market return is 15%. The current market price of one share is Rs 36. What is the equilibrium price of this share?

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