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Cartwright Brothers' stock is currently selling for $40 a share. The stock is expected to pay a $2 dividend at the end of the year.

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Cartwright Brothers' stock is currently selling for $40 a share. The stock is expected to pay a $2 dividend at the end of the year. The stock's dividend is expected to grow at a constant rate of 7 percent a year forever. The risk-free rate (KrF) is 6 percent and the market risk premium (km - KRF) is 12 percent. What is the stock's beta? O 1.00 O .75 O 2.00 0.50 O 1.14

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