A stock is currently selling for $32 per share. It is anticipated that the stock...

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Finance

A stock is currently selling for $32 per share. It is anticipated that the stock will pay a dividend of $0.50 per share in one year, at which time the stock will sell for $33.50 per share. The stock's Beta is 0.65. The Market rate of return is 9% while the yield on T-Bills is 2%. Calculate the stock's Alpha.

-.60%

.095%

0.25%

-0.30%

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