Suppose you purchased a stock a year ago. Today, you receive a dividend of $11 and you sell the stock for $121. If your return was 8%, at what price did you buy the stock? $ uestion 37 Over the past 3 years an investment returned 0.15, -0.12, and 0.07. What is the variance of returns? A project has a beta of 1.17, the risk-free rate is 1.2%, and the market risk premium is 5.1%. The project's expected rate of return is %. If a stock consistently goes down (up) by 1.48% when the market portfolio goes down (up) by 1.04%, then its beta equals