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CBS stock is currently selling for RM40 a share. The stock is expected to pay RM2 dividend at the end of the year. The stocks

CBS stock is currently selling for RM40 a share. The stock is expected to pay RM2 dividend at the end of the year. The stocks dividend is expected to grow at a constant rate of 7 percent per year forever. The risk-free rate is 4 percent and the market risk premium is 8 percent. What is the stocks beta?

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