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You have invested in a stock of Able Enterprises efficiently priced by the capital asset pricing model with a bets of 150.The stock is expected

You have invested in a stock of Able Enterprises efficiently priced by the capital asset pricing model with a bets of 150.The stock is expected to pay a fed diedend of $3 over the foreseeable future of the treasury bill rate is currently 7% and the market risk premium is 5% .


Calculate the price of the stock

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