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11 12 A stock is priced at $15.97 today, and analysts have a view that the stock will trade at $16.57 in one year. The

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A stock is priced at $15.97 today, and analysts have a view that the stock will trade at $16.57 in one year. The current risk free rate in the economy is 3.00% while the market portfolio risk premium is 8.00%. If the stock is fairly priced, what is the implied beta for the stock? Submit Answer format: Number: Round to: 2 decimal places. An investor has $10,000 to invest in 5 different stocks. Information regarding the 5 stocks is shown in the table below: Stock Expected Return Beta Amount Invested 9.00% 1.00 $1,533.00 10.00% 1.20 $2,713.00 6.50% 0.70 $2,838.00 8.00% 0.90 $820.00 12.00% 1.40 $2,096.00 Also, the risk free rate for the economy is currently 3.00%. What is the beta for this portfolio? Submit Answer format: Number: Round to: 2 decimal places

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