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You are an analyst for a wealth management firm. What will be your recommendation, buy or sell, for a stock which currently sells for $50,
You are an analyst for a wealth management firm. What will be your recommendation, buy or sell, for a stock which currently sells for $50, has a beta of 0.75; a market risk premium of 7%, and the expected dividend is $2. The T.Bill rate currently is 4%.
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