20 FINA3103P02-2020-27712 49. Assume risk free rate of return is equal to 6.05%. Stock PV has a beta of 2.0, an expected constant growth rate of dividends of 7 percent, and the last dividend paid was $2, what market price gives the investor a return consistent with the stock's risk, assuming CAPM holds? Select one: a. $24.83 O b. $21.72 c. $42.38 d. $56.94 e. $37.50 Next page 20 FINA3103P02-2020-27712 49. Assume risk free rate of return is equal to 6.05%. Stock PV has a beta of 2.0, an expected constant growth rate of dividends of 7 percent, and the last dividend paid was $2, what market price gives the investor a return consistent with the stock's risk, assuming CAPM holds? Select one: a. $24.83 O b. $21.72 c. $42.38 d. $56.94 e. $37.50 Next page