Equilibrium stock price You are given the following data: The risk-free rate is 5%. The required return on the market is 8% The expected growth rate for the firm is 4%. The last dividend paid was $0.80 per share. Beta is 1.3 Now assume the following changes occur: The inflation premium drops by 1%. An increased degree of risk aversion causes the required return on the market to rise to 10% after adjusting for the changed inflation premium. The expected growth rate increases to 6%. Beta rises to 15. What will be the change in price per share, assuming the stock was in equilibrium before the changes occurred