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The current stock price of Beyond Meat (BYND) is $70 per share. Analysts estimate next year price will be in the range of $54 and
The current stock price of Beyond Meat (BYND) is $70 per share. Analysts estimate next year price will be in the range of $54 and $106, with average estimate of $75. The company does not pay dividends. BYNDs beta is 1.6. The historical market return averages 12% and the average risk-free rate in history is 3%.
a) What is expected rate of return on BYND based on analysts forecast?
b) If the current T-Bill rate is 1%, what should be the required rate of return on BYND?
c) Based on your answers above, would you invest in BYND? Explain.
plz do it in word or excel but i want thedetail answer
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