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1. What is the required rate of return for Apple stock? - Apple covariance with the market is 0.71875 - Market variance is 0.0625 -

1. What is the required rate of return for Apple stock? - Apple covariance with the market is 0.71875 - Market variance is 0.0625 - Risk Free Rate *ANNUAL RATE is 3.75% - The annual market rate of return the last 4 years: 25% 30% O 15% 5% 2. What is the sustainable growth rate for Apple stock? - Leverage is 1 - Profitability ratio is 20% - Asset Turnover ratio is 67% - Apple has a stated policy of 10% share buybacks

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