The current market price of Primco stock is $50, and its expected return is 13%, the riskless rate of interest is 1.5%, and the return on the market portfolio is 10% a. According to CAPM, what is the current beta of Primco? b. What will be the beta of this security if the covariance of its rate of return with the market portfolio doubles? c. According to CAPM, what is the new expected return on Primco? d. Suppose that Primco has just paid a S1 dividend. Dividends on Primco are paid annually and are expected to grow at the constant annual rate of 5%. What is the new price of this security? How is vour result consistent with our understanding that assets with higher systematic risks must pay higher returns on average? e. Please write a short VERBAL conclusion at the end problem summarizing your answer in words. Verbal answers are not a substitute for the quantitative solution