Questions (1-2) are based on the information that follows. Net earnings for a constant dividend growth firm are currently $60 million and expected to grow forever at 15%. The firm has a policy of paying out a constant 30% of earnings as dividends. Shares outstanding are 6 million Ry= 15% and RRF-7.5%. The firm's cost of capital is 19.5% and is expected to be unchanged for the indefinite future. 2. What should be the beta of this stock? (a) 1.95 {b) 2.5 (c) 1.6 (d) 1.25 (e) 1.8 Questions (1-2) are based on the information that follows. Net earnings for a constant dividend growth firm are currently $60 million and expected to grow forever at 15%. The firm has a policy of paying out a constant 30% of earnings as dividends, Shares outstanding are 6 million Rw = 15% and Rgr = 7.5%. The firm's cost of capital is 19.5% and is expected to be unchanged for the indefinite future. 1. What should be the current value of the per share value of the stock? (a) $50.00 (b) $80.00 (c) $ 90.0 (d) $64.00 (e) $77.00