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You own a stock with a beta of 1.4 that is currently priced at $45 and is expected to pay a dividend of $1.15 next
You own a stock with a beta of 1.4 that is currently priced at $45 and is expected to pay a dividend of $1.15 next year. If the risk-free rates and the market risk premium is 6%, what will the price have to reach next year to provide your required return? A. $50.13 B. 551.28 C. 547.09 D. 149.37 E. 548.98 Reset Selection
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