1. given the following data for kidney care inc, calculate the current value of the stock:

Last dividend paid= $1.50

Required return=8%

Market beta= 1.2

a. $10

b. $18.75

c. $25.50

d. $75.00

Expected growth rate=2%

2. If a firm's stock has a beta of 1.5,_____________

a. its returns are 15% less volatile relative to the portfolio

b. its returns are half as volatile relative to the portfolio

c. its returns are 1.5 times as volatile relative to the portfolio

d. the returns are 15% more volatile relative to the portfolio

PLEASE EXPLAIN