Question 8: This information is needed to answer the question:You expect the price of ABC stock to be $59.77 per share a year from now. Its current market price is $50, and you expect it to pay a dividend one year from now of $2.15 per share. a.What is the stock's expected dividend yield, rate of price appreciation, and expected holding-period return?

9. In Question 8, if ABC stock has a beta of 1.15, the riskfree rate is 6% per year, and the expected rate of return on the market portfolio is 14% per year, what is the required rate of return on the stock? c. What is the intrinsic value of ABC stock?

Question 9 options:

	b. 12.5%, c. $53.57
	b. $53.57, c. 12.5%
	b. $53.75 c. 15.2%
	b. 15.2%, c. $53.75