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The risk free rate of return is 8 percent; the expected rate of return on the market is 12 percent. Stock X has a beta

The risk free rate of return is 8 percent; the expected rate of return on the market is 12 percent. Stock X has a beta coefficient of 1.3, an earnings and dividend growth rate of 7 percent, and a current dividend of RM2.40. If the stock is selling for RM35, what should you do?

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