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Estimate the beta of the following stock: market risk premium = 24.3 percent, RF = 5.3 percent, P 0 = $ 9.30, expected dividend at
Estimate the beta of the following stock: market risk premium = 24.3 percent, RF = 5.3 percent, P0= $ 9.30, expected dividend at the end of the year = $ 1.80, P1= $ 11.80. Assume the market is in equilibrium. (Round intermediate calculations and the final answer to 2 decimal places, e.g. 21.36 or 21.36%.)
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