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Business, 09.08.2021 20:40 lilquongohard

You are considering acquiring a common stock that you would like to hold for one year. You expect to receive $20 from the sale of the stock at the end of the year. Assume the risk-free rate is 2%, the stock has a beta of 1.5, and the market risk premium is 8%. According to the CAPM, what should be the price of the stock today

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