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The market price of a security is $63. Its expected rate of return is 14.1%. The risk-free rate is 4% and the market risk premium

The market price of a security is $63. Its expected rate of return is 14.1%. The risk-free rate is 4% and the market risk premium is 6.2%. What will be the market price of the security if its doubles (and all other variables remain unchanged)? Assume that the stock is expected to pay a constant dividend in perpetuity.

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