A share of stock sells for 51 today the beta of the stock


A share of stock sells for $51 today. The beta of the stock is 1, and the expected return on the market is 10 percent. The stock is expected to pay a dividend of $1 in one year. If the risk-free rate is 4.5 percent, what will the share price be in one year?

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Financial Management: A share of stock sells for 51 today the beta of the stock
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