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5. Cartwright Brothers' stock is currently valued $40 a share. The stock is expected to pay a $2 dividend at the end of the year

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5. Cartwright Brothers' stock is currently valued $40 a share. The stock is expected to pay a $2 dividend at the end of the year (D1 = $2.00). The dividend growth rate is expected to be a constant 7% per year, forever. The risk-free rate and market risk premium are each 6%. What is the stock's beta?* (6 Points) 01.06 1.00 2.00 0.83

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