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Given the following information from Crane Corporation, what price would the CAPM predict that the company's stock will trade for one year from today?
Given the following information from Crane Corporation, what price would the CAPM predict that the company's stock will trade for one year from today? (Do not round intermediate calculations. Round final answer to 2 decimal places, e.g. 50.75.) Risk-free rate: 3.1 % Market risk premium: 9.1 % Beta: 0.60 Current stock price: $65.90 Annual dividend: $1.77 Price $
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