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Determine the beta of QTax based on the following information: Market expected return is 8.3 percent; standard deviation is 3.3 percent Risk-free rate is 3
Determine the beta of QTax based on the following information:
Market expected return is 8.3 percent; standard deviation is 3.3 percent |
Risk-free rate is 3 percent |
Current dividend is $4.8 |
Dividend growth rate is 5.3 percent |
Current stock price is $25.3 |
(Round intermediate calculations and final answer to 4 decimal places, e.g. 0.3612.)
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