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Tou are thinking of buying a stock priced at $ 1 0 0 . 8 6 per share. Assume that the risk - free rate
Tou are thinking of buying a stock priced at $ per share. Assume that the riskfree rate is about and the market risk premium is If you think the stock will rise to $ p share by the end of the year, at which time it will pay a $ dividend, what beta would it need to have for this expectation to be consistent with the CAPM?
The beta is Round to two decimal places.
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