Question 22 (5 points) An investor expects a stock to sell for $100 in exactly one year. The stock will not pay a dividend in the next year. After some research, the investor estimates the firm's beta as 1.20 , the risk free rate at 2%, and the market portfolio risk premium at 5.50%. Given this information and expected price, how much can the investor pay today for this stock to earn his required return? $90.70 $81.63 $82.87 $84.77 $92.08 Page 22 of 29