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Emery Cat Products, Inc. has a beta of 1.8 and is priced at $115 per share. They just paid a dividend of $1.50 and the
Emery Cat Products, Inc. has a beta of 1.8 and is priced at $115 per share. They just paid a dividend of $1.50 and the risk-free rate is 3% and the market risk premium is 6%. What does the market expect the price of their stock to be in four years?
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