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When you bought the stock of XYZ Co, you determined that the risk-free rate was 2%, the required market return was 8% and the stock's

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When you bought the stock of XYZ Co, you determined that the risk-free rate was 2%, the required market return was 8% and the stock's beta was 1.25. You also predicted that the stock would pay a $1 dividend and sell for $30 in 1 year. What is the most you would pay for the stock today to earn a fair rate of return

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