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Question 24 (5 points) A share of Pope Corporation is currently trading for $24 on the secondary market. After some research, you learn that the
Question 24 (5 points) A share of Pope Corporation is currently trading for $24 on the secondary market. After some research, you learn that the risk free rate in the economy is 1%, while the market portfolio risk premium is 5%. You believe that the stock will earn its required CAPM return in the upcoming year. If that is true ane beta of Pope is 0.5, what is the expected selling price in one year? $24.84 $24.72 $26.20 $21.36 $ $27.69 $ 2015 noints)
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