Question: PLEASE HELP!!! CAN'T FIGURE THIS ONE OUT! THANK YOU :) 7. value: points 2.30 A share of stock sells for $37 today. The beta of

PLEASE HELP!!! CAN'T FIGURE THIS ONE OUT! THANK YOU :)

7. value: points 2.30 A share of stock sells for $37 today. The beta of the stock is 0.9, and the expected return on the market is 16 percent. The stock is expected to pay a dividend of $1.00 in one year. If the risk-free rate is 3.6 percent, what should the share price be in one year? (Round your answer to 2 decimal places. Omit the sign in your response.) Share price

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