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You find a stock with a beta of 1.4 that is currently priced at $23. The risk-free rate is 3% and the market risk premium

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You find a stock with a beta of 1.4 that is currently priced at $23. The risk-free rate is 3% and the market risk premium is 6%. If you expect the price next year to be $25, what dividend will the stock need to pay next year to provide the required return? A. $4.85 B. $0.62 C. $2.62 D. $3.62

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