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You are thinking of buying a stock priced at $92 per share. Assume that the risk-free rate is about 45% and the market risk premium

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You are thinking of buying a stock priced at $92 per share. Assume that the risk-free rate is about 45% and the market risk premium is 6.8% If you think the stock will rise to $120 per share by the end of the year, at which time it will pay a $3.78 dividend what beta would it need to have for this expectation to be consistent with the CAPM? The beta is (Round to two decimal places )

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