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Determine the beta of QTax based on the following information: - Market expected return is 9.2 percent; standard deviation is 4.2 percent - Risk-free rate

image text in transcribed Determine the beta of QTax based on the following information: - Market expected return is 9.2 percent; standard deviation is 4.2 percent - Risk-free rate is 3 percent - Current dividend is $5.7 - Dividend growth rate is 6.2 percent - Current stock price is $26.2 (Round intermediate calculations and final answer to 4 decimal places, e.g. 0.3612.)

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