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The market price of a security is $74. Its expected rate of retum is 13 % The risk-free rate is 7 % , and the

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The market price of a security is $74. Its expected rate of retum is 13 % The risk-free rate is 7 % , and the market risk premium is 9%. What will the market price of the security be if ts beta doubles (and all other variables remain unchanged)? Assume the stock is expected to pay a constant dividend in perpatuity (Round your answer to 2 decimal places) What is the original beta of the security at a market price of $747 What is the new beta after it doubles? What is the new required rate of return for the security given the new beta? % What is the dividend amount that the firm pays? What would be the new market price of the security after the beta has doubled

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