The risk-free rate of return is 6 the required rate of, Financial Management

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The risk-free rate of return is 6 the required rate of

The risk-free rate of return is 6%, the required rate of return on the market is 12%, and High-Flyer stock has a beta coefficient of 1.0. If the dividend per share expected during the coming year, D_1 is $2.00 and g = 4%, at what price should a share sell? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Share price $

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