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The market price of a security is $ 6 4 . Its expected rate of return is 1 3 % . The risk - free
The market price of a security is $ Its expected rate of return is The riskfree rate is and the market risk premium is What will the market price of the security be if its beta doubles and all other variables remain unchanged Assume the stock is expected to pay a constant dividend in perpetuity.
Note: Round your answer to decimal places.
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