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Tesla's beta is 2.2. If the price of its stock today is $65, and Tesla will pay a dividend of $2 in one year,

Tesla's beta is 2.2. If the price of its stock today is $65, and Tesla will pay a dividend of $2 in one year, what is the expected stock price in one year, immediately after the dividend payment? Assume the risk-free rate is 3% and the expected return on the market is 7%. a. $62.51 b. $69.45 c. $70.67 d. $72.67

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