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Suppose that ABC 's stock is trading at $10 per share. The firm expects to pay dividends of $1.30 per share noxt year and this

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Suppose that ABC 's stock is trading at $10 per share. The firm expects to pay dividends of $1.30 per share noxt year and this level is expected to remain constant until perpetuity. If the risk-free rate is 1.50% and the market risk premium is 5.00%, what is the fim's equity beta according to the CAPM? Answor (round to two decimal places) =

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