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Estimates of a firms returns revealed that beta of the firm was 0.9, and the historical average market return over the past 5 years has
Estimates of a firms returns revealed that \beta of the firm was 0.9, and the historical average market return over the past 5 years has been 9.4%, and the current risk-free rate is 3.3%. What is the expected return of this stock based on the Capital Asset Pricing Model (CAPM). The firm just recently released a dividend for $2.99 per share, given an expected dividend growth rate of 7.00%, what is the price per share of the stock? (tolerance is 0.01, round to 2 decimals, do not enter $ symbol)
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