Part 1) NewTech Company is a young, vibrant company expected to grow at a rate of 30% over the next two years before settling to a long-run growth rate of 6%. The firm's required rate of return is 9%. If the firm recently paid a dividend of $2, what should be the stock's price?

A) $109.18

B) $105.67

C) $112.43

D) $81.45

Part 2)

What should happen to the security market line when risk aversion increases? Select all that apply.

a)	The security market line shifts up.
b)	The security market line pivots down.
c)	The security market line shifts down.
d)	The security market line pivots up.