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content area top Part 1 You are thinking of buying a stock priced at $90 per share. Assume that the risk-free rate is about 4.3%

content area top Part 1 You are thinking of buying a stock priced at $90 per share. Assume that the risk-free rate is about 4.3% and the market risk premium is 6.7%. If you think the stock will rise to $115 per share by the end of the year, at which time it will pay a $3.39 dividend, what beta would it need to have for this expectation to be consistent with the CAPM? Question content area bottom Part 1 The beta is enter your response here. (Round to two decimal places.)

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