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Currently, Treasury bills yield 4.75 percent and the market prices risk at 6.90 percent. You have invested in a stock efficiently priced by the CAPM

Currently, Treasury bills yield 4.75 percent and the market prices risk at 6.90 percent. You have invested in a stock efficiently priced by the CAPM with a beta of 1.15 that will pay an expected dividend of $1.80 in one year. If the stock expects no capital appreciation in value over the next year, compute its current price

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