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Investors can only obtain the historical data of XYZ's stock's price Assume that the market for XYZ's stock is efficient in the weak form, and

Investors can only obtain the historical data of XYZ's stock's price Assume that the market for XYZ's stock is efficient in the weak form, and the fair risk adjusted expected rate of return is 10 If the expected price of XYZ's stock in the next trading day is $66, then what is the price of XYZ's stock today Hint assume there is no frictions Given the capital cost, how you can do?

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