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The market price of a security is $50. Its expected rate of return is 12%. The risk-free rate is 4%, and the market risk premium

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The market price of a security is $50. Its expected rate of return is 12%. The risk-free rate is 4%, and the market risk premium is 14%. Assume the stock is expected to pay a constant dividend in perpetuity. What will the market price of the security be if its beta triples? BI

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