PLS ANSWER :(( AND SHOW SOLUTION

Precious Stones International (PSI) has a beta of 1.49, the risk-free rate of interest is currently 9%, and the required return on the market portfolio is 15%. The company plans to pay a dividend of P2.45 per share in the coming year and anticipates that its future dividends will increase at an annual rate consistent with that experienced over the 2019-2021 period: Year Dividend 2021 23.9 2020 22.5 2019 21.3 Using CAPM, what is the required rate of return of PSI stock? Indicate your final answer in decimal form with 4 decimal places (e.g. 10.11% should be entered as 0.1011). A succeeding question is related to this question, kindly take note of your answer before proceeding to the next question. Precious Stones International (PSI) has a beta of 1.49, the risk-free rate of interest is currently 9%, and the required return on the market portfolio is 15%. The company plans to pay a dividend of P2.45 per share in the coming year and anticipates that its future dividends will increase at an annual rate consistent with that experienced over the 2019-2021 period: Year Dividend 2021 23.9 2020 22.5 2019 21.3 The historical growth rate of PSI stock during the 2019-2021 is Indicate your final answer in decimal form with 4 decimal places (e.g. 10.11% should be entered as 0.1011). A succeeding question is related to this question, kindly take note of your answer before proceeding to the next question. Precious Stones International (PSI) has a beta of 1.49, the risk-free rate of interest is currently 9%, and the required return on the market portfolio is 15%. The company plans to pay a dividend of P2.45 per share in the coming year and anticipates that its future dividends will increase at an annual rate consistent with that experienced over the 2019-2021 period: Year Dividend 2021 23.9 2020 22.5 2019 21.3 Estimate the value of PSI stock at the beginning of 2022