Question 7 [10 points) Assume today is January 15, 2022 and you observe that Heavy Metal Corporation's current stock price is $94. Analysts forecast that the company's next dividend, to be paid at year-end of 2022, will be $1.80. You also find the following historic annual returns of the company's stock for the last 4 years. 2018 +11% 2019 +7% 2020 +45% 2021 -6% Annual Return In addition, you have the following information: risk-free rate is 3% and the expected return on the market is 7.5%. a) Based on Heavy Metal Corporation's return in the last 4 years, calculate the arithmetic average return, geometric average return, and standard deviation of its stock return. b) Assume the arithmetic average return you calculated in part a) is your estimate of the stock's future expected return, what should the stock's beta be according the CAPM model? c) You are thinking of buying some Heavy Metal Corporation's stock. You assume that the arithmetic average return you calculated in part a) for the stock is an accurate estimation for its future expected return. What price should you expect for its stock at the END of 2022, right after next dividend of $1.80 is paid