The market expected return is 14 percent with a standard deviation of 12 percent.The risk-free rate is 5.5 percent.Security A has just paid a dividend of $1.50,which is expected to grow at a rate of 10 percent per year indefinitely.What is the current price of Security A if it has a beta of 1.4?
A) $9.93
B) $10.93
C) $20.27
D) $22.30

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Security A's return 11ea8229_34d1_8e67_bbd8_551cdd10092e_TB1726_00 Security A's current price 11ea8229_34d1_8e68_bbd8_453516df991f_TB1726_00

The Market Expected Return Is 14 Percent with a Standard