You are thinking of buying a stock priced at

$102

per share. Assume that the risk-free rate is about

4.3%

and the market risk premium is

6.5%.

If you think the stock will rise to

$116

per share by the end of the year, at which time it will pay a

$2.57

dividend, what beta would it need to have for this expectation to be consistent with the CAPM?