What will the share price be in one year

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A share of stock sells for $65 today. The beta of the stock is 1.5,and the expected return on the market is 12%. The stock is expected to pay a dividend of $1.50 in one year. With the risk free rate of return 1%, what will the share price be in one year, just after the dividend is paid?

Reference no: EM132497742

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