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The required rate of return for the security ABC is 13%. The risk- free rate is 7% and the market average return is 12%. a-What

The required rate of return for the security ABC is 13%. The risk- free rate is 7% and the market average return is 12%. a-What is the beta of the security? Is the stock riskier or less risk than the market? Explain your answer. b-ABC expected dividend in 2023 is $2. Use the constant growth model to determine the fair price of the stock (the average growth rate of the dividends is 6%). c-Will you buy the ABC stock if it is sold in the market for $ 25?

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