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Starlite stock is selling for $60. Year end dividends are projected to be $2.50. The treasury bill rate is 4% and the market risk premium

Starlite stock is selling for $60. Year end dividends are projected to be $2.50. The treasury bill rate is 4% and the market risk premium is 8%. The beta of the stock is 0.85. If the stock is priced fairly today, what will be the price of the by the end of the year

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