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6. ACME has a beta of 1.2. The retum on the market is 8%. The current t-bill rate is 2.15%. The last dividend made by

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6. ACME has a beta of 1.2. The retum on the market is 8%. The current t-bill rate is 2.15%. The last dividend made by ACME was $1.58. The next dividend is expected to be $1.60. The expected growth rate is 2.4%. ACME stock is currently selling for $25. Is ACME undervalued/overvalued or priced perfectly? How much is ACME overpriced/underpriced? 7. ACME has a beta of 0.86. The return on the market is 11%. The current t-bill rate is 3.7%. The last dividend made by ACME was $1.05. The next dividend is expected to be 3% higher. The expected growth rate is 2.89%. What is the intrinsic value of ACME

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