QUESTION 3 You buy Apple stock. You want to hold on to the stock for one year to get the next dividend and then immediately sell the stock. You expect the next dividend to be $22 and the stock price to be $87 next year (immediately after the dividend payment). What is the price today of Apple if the discount rate is 9%? QUESTION 4 You estimate the expected return of AT&T to be 12%. You know the risk-free rate is 2% and the market risk premium is 5%. What is AT&T's beta? 02 5 07 1 QUESTIONS You bet $100 because you think Tampa Bay will win the Superbowl. This bet is risky because your outcomes are so If they lose and $200 it they win. What is the beta of this Superbowl bet? 00 011 3 Not enough information