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The covariance between Stock X and the market is 0.0534 and the variance of the market is 0.0424. The risk-free rate is 2.28% and the

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The covariance between Stock X and the market is 0.0534 and the variance of the market is 0.0424. The risk-free rate is 2.28% and the expected market risk premium is 7.50%. What is the beta and expected return of Stock X. O A. 1.33 and 12.26% O B. 0.79 and 8.24% O C. 0.79 and 6.4096 O D. 1.26 and 11.7396 O E. 1.26 and 8.8596 Delco Stores Inc. reported earnings of $87 million. It plans to pay out 38% of its earnings as cash dividends to its shareholders. The firm will finance investment with retained earnings. Its recent return on equity (ROE) is .15, a figure that is expected to continue in the future. How much will the firm's earnings grow over the year? O A. 10.496 O B. 9.396 O C. 12.39 D.5.796 O E. 8.996

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