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Intro Adidas stock has a beta of 1.9. The risk-free rate is 3.5% and the expected return on the market portfolio is 8%. The

Intro Adidas stock has a beta of 1.9. The risk-free rate is 3.5% and the expected return on the market portfolio is 8%. The company has just paid an annual dividend of $0.3. Dividends are expected to grow by 2% per year. Part 1 What is the appropriate discount rate? 3+ decimals Submit Part 2 What is the intrinsic value of the stock? 2+ decimals Submit B Attempt 1/10 for 10 pts. B Attempt 1/10 for 10 pts.

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