Jane Baez has a portfolio comprised of the following three stocks: Stock Share Price Number of shares Beta Expected dividend next year(0) $1.50 $2.75 $1.80 Constant dividend growth rate 5% 8% 4% EnerBev Ltd Gem Media Ltd CompScan Ltd $25.21 $44.50 $15.25 2,000 1,500 3,500 0.85 1.25 1.70 The risk-free is currently 5% and the market risk premium is 7%. Required: a. What is the Beta of Jane Baez's portfolio? (4 Marks) UCIVIuld Liu 1, JUU 22.13 0/0 244.JU $15.25 1.2 1.70 CompScan Ltd 3,500 $1.80 4% The risk-free is currently 5% and the market risk premium is 7%. Required: a. What is the Beta of Jane Baez's portfolio? (4 Marks) b. Determine if each stock is overvalued, undervalued or properly valued according to the CAPM? Show your calculations. (9 Marks)