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You are thinking of buying a stock priced at $97 per share. Assume that the risk-free rate is about 5.4% and the market risk premium

You are thinking of buying a stock priced at $97 per share. Assume that the risk-free rate is about 5.4% and the market risk premium is 6.8%. If you think the stock will rise to $125 per share by the end of the year, at which time it will pay a $1.92 dividend, what beta would it need to have for this expectation to be consistent with the CAPM?

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