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The beta of Stock X is 1.5. Currently, the expected market rate of return is 10%, while the risk-free rate is 2%. Stock X investors

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The beta of Stock X is 1.5. Currently, the expected market rate of return is 10%, while the risk-free rate is 2%. Stock X investors can expect to receive an annual dividend of $1 per share over the next year. If the current price of stock X is $30, what price would CAPM predict the stock will be selling one year from today? $34.10 $33.20 $33.50 $33.80

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