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show the steps plz. The expected return on the market is 15.35 percent, the inflation rate is 2.53 percent, and the risk-free return is 3.19
show the steps plz.
The expected return on the market is 15.35 percent, the inflation rate is 2.53 percent, and the risk-free return is 3.19 percent. Refresher stock is currently priced at $59.83 per share and is expected to pay its next annual dividend in 1 year. Refresher's next dividend is expected to be $2.73 per share and the stock is expected to be priced at $64.89 in 1 year. What is Refresher's beta? Round your answer to 2 decimal places (for example, 2.89, 0.70, or 1.00). NumberStep by Step Solution
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