Question: No excel please and please show your work! Problem 7-21 A share of stock is now selling for $150. It will pay a dividend of

No excel please and please show your work!

Problem 7-21 A share of stock is now selling for $150. It will pay a dividend of $5 per share at the end of the year. Its beta is 1. What must investors expect the stock to sell for at the end of the year? Assume the risk-free rate is 4% and the expected rate of return on the market is 19% (Round your answer to 2 decimal places.) Expected selling price

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