Suppose you are considering buying a stock. The stock is currently trading for $30. You expect the price in one year to be $30.70 and it will pay a dividend of $0.25. You estimate the stock's beta at -0.2 , the risk-free rate at 3%, and the expected return on the market at 10%. According to the CAPM, what is the maximum price you should be willing to pay for this stock? LO3 $30.46$35.67$28.50$44.33 A share of preferred stock is currently trading for $300 and pays a dividend of $3 per year. with the next dividend due one year from today. What is your expected rate of return if you were to buy the stock today? \begin{tabular}{|l|} \hline 4.0% \\ \hline 1.0% \\ \hline 2.5% \\ \hline 3.3% \\ \hline \end{tabular}