Suppose you are considering buying a stock. The stock is currently trading for $57. You expect the price in one year to be $60 and it will pay a dividend of $0.75. You estimate the stock's beta at 2.2, the risk-free rate at 1.5%, and the expected return on the market at 7.5%. According to the CAPM, what is the maximum price you should be willing to pay for this stock? LO3 $52.96$64.03$35.33