Beta required rate of return, and intrinsic value:

You have collected the below information to determine Netflix's intrinsic value

- The risk - free rate ( T-bill ) is 3 %

- The Expected Return on the Market Portfolio ( NYSE ) is 10 %

- The next period dividends ( D1 ) = $ 5 and Netflix will distribute D1 forever.

- The historical return on Netflix stock and NYSE for the period from 2018 - 2021 as follows :

Years	Netflix	NYSE Ret
2021	5%	10%
2020	9%	13%
2019	13%	17%
2018	25%	19%

a . Netflix's Beta is ?

b . Netflix's required rate of return is ? (in %)

c . Netflix's estimated Netflix price ( intrinsic vlaue ) is ? (in doller)