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The risk-free rate of return is 6%, the required rate of return on the market is 12%, and High-Flyer stock has a beta coefficient of

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The risk-free rate of return is 6%, the required rate of return on the market is 12%, and High-Flyer stock has a beta coefficient of 1.0. If the dividend per share expected during the corning year, Dt, is $2.00 and g=4%, at what price should a share sell? (LO 13-2) rf rm D1 g Beta

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