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1) What is beta and how do you interpret it. (i.e Apple has a beta of 1.43, what does that mean?) 2) Could you calculate

1) What is beta and how do you interpret it. (i.e Apple has a beta of 1.43, what does that mean?)

2) Could you calculate the component cost of equity for a stock with nonconstant expected growth rates in dividends if you didn't have the information necessary to compute the component cost using the CAPM? Why or why not??

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