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The ASX All Ordinaries index is currently trading at 6000 points and is widely expected to pay a dividend (DPS) equal to 360 points next

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The ASX All Ordinaries index is currently trading at 6000 points and is widely expected to pay a dividend (DPS) equal to 360 points next year. At the same time, shares in ABC Corp. are trading at $20 and are expected to pay a dividend next year (DPS) equal to $1. The consensus analyst forecast is that the growth rate of both ABC Corp. dividends and ASX All Ordinaries dividends will be 4% in perpetuity. The long-run risk-free rate is given as 5%. Assuming that the market prices of the ASX All Ordinaries index and ABC Corp. are efficient, what is the beta of ABC Corp.'s using the ASX All Ordinaries index as the market portfolio? 1.0 O 0.8 1.2 O 0.9

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