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Middlefield Motors stock is expected to be priced at 76.03 dollars in 1 year. It is expected to pay its next dividend, which is expected
Middlefield Motors stock is expected to be priced at 76.03 dollars in 1 year. It is expected to pay its next dividend, which is expected to be 3.24 dollars, in 1 year. The stock has a beta of 1.26. The market has an expected return of 17.59 percent, the risk-free rate is 6.02 percent, and the inflation rate is 2.3 percent. What is the current price of Middlefield Motors stock?
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