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Suppose that ABC's stock is trading at $6 per share. The firm expects to pay dividends of $1.30 per share next year and this level

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Suppose that ABC's stock is trading at $6 per share. The firm expects to pay dividends of $1.30 per share next year and this level is expected to remain constant unt perpetuity if the risk-free rate is 2.00% and the market risk premium is 5.50%, what is the fim's equity beta according to the CAPM? Arswor (round to two decimal piaces). p=

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