Randy Marsh Co. is expected to pay a dividend of D1 = $1.25 per share at the end of the year, and that dividend is expected to grow at a constant rate of 7.00% per year in the future. The company's stock currently sells for $37.59 per share, the market risk premium is 6.75%, and the T-Bill (risk-free) rate is 4.00%. What is the companys current measure of beta? (Hint: First find r from the DGM, then use that r in the CAPM to find Beta)

Group of answer choices

2.30

0.94

1.00

1.72

0.79