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Calculate the required rate of return (assume the market risk premium is 7.5 percent, the risk-free rate is 1.5 percent, and the beta is 1.28).

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Calculate the required rate of return (assume the market risk premium is 7.5 percent, the risk-free rate is 1.5 percent, and the beta is 1.28). (Round answer to 2 decimal places, e.g. 11.36\%.) Required rate of return eTextbook and Media Attempts: 1 of 3 used Using multiple attempts will impact your score. 25% score reduction after attempt 1 Calculate the price of SRM based on the current dividend of $1.20 and a dividend growth rate of 2.5 percent. (Round intermediate calculations to 5 decimal places, e.g. 21.36125 and the final answer to 2 decimal places, e.8. 21.36)

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