1. (A) The risk-free rate is 2.91% and the market risk premium is 5.39%. A stock with a of 1.48 will have an expected return of ____%. (B) The risk-free rate is 2.05% and the expected return on the market 7.67%. A stock with a of 1.57 will have an expected return of ____%. (C) A stock has an expected return of 14.00%. The risk-free rate is 3.12% and the market risk premium is 7.68%. What is the of the stock?

2. The risk-free rate is 3.88% and the market risk premium is 6.36%. A stock with a of 1.27 just paid a dividend of $2.07. The dividend is expected to grow at 24.16% for three years and then grow at 4.49% forever. What is the value of the stock?