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Verizon LTE * 17%; 11:23 AM lander.blackboard.com #2 (25 points) Stock XYZ has a beta of As and just paid a dividend of -1s0. The

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Verizon LTE * 17%; 11:23 AM lander.blackboard.com #2 (25 points) Stock XYZ has a beta of As and just paid a dividend of -1s0. The growth rate of dividends is assumed to be constant atindefinitely. Also, the risk-free rate is 3% and the expected return on the market is )-10% . Find the expected rate of return for stock XYZ. (6 points) Find the price of the stock. (10 points) e If the risk of XYZ increases to -so, what happens to the price? Note: You have enough information to compute this price. (5 points) a Is part (c) similar to 1(d)? (4 points)

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