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QUESTION 2 a. ACE comstock has a beta of 1.2 the expected return on the market is 14%, and the risk-free rate is 6%. Find

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QUESTION 2 a. ACE comstock has a beta of 1.2 the expected return on the market is 14%, and the risk-free rate is 6%. Find the expected return on the stock using the capital asset pricing model? (4pts) b. ACE.com corporation has just paid a dividend of $3.15 per share on its common stock. The dividend is expected to grow at a constant rate of 4.5% per year. The required return on similar stocks is 14%. Find the current price of the stock? 4 points 10

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