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The expecred return on the market is 1 4 . 8 1 % , the inflation rate is 2 . 7 3 % , and

The expecred return on the market is 14.81%, the inflation rate is 2.73%, and the risk-free return is 3.25%. Refresher stock is currently priced at $61.57 per share and is expected to pay its next annual dividend in 1 year. Refresher next dividend is expected to be $2.25 per share and the stock is expected to be priced at $63.03 in 1 year. What is Refresher beta?

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