QUESTION 19 Suppose a preferred stock that pays a dividend of $3/share and currently costs $50. The stock is overvalued if the required rate of return is 5%. True False QUESTION 20 Period Retum Richards Inc. (Percent) Return Market Index (Percent) 2 12 13 BRE What is the beta for Richards Inc.? Round Intermediate steps to four decimal places .8713 9664 1.0224 1.1536 Click Save and Submit to save and submit. Click Save All Answers to save all ansur Save All Ans