Chopter $9$

$(2)$ The market price of a security is $$50.$ It's expected rale of return is $14\%$ The risk$-$free rote is $6\%$ & the market risk premium is $8\mathrm{.}5\%.$ What will be the morket price of the security if it's correlation coefficient with the market portofolio double $($& all other variables remain the same$)?$ Assume that the stock is expected to pay a constant dividend in perpetuity.