Answer for A is 9.000%

Answer Question B pleasee!!

You are forecasting the returns for Tamarisk Company, a plumbing supply company, which pays a current dividend of $11.00. The dividend is expected to grow at a rate of 4.0 percent. You have identified two public companies, Vaughn and Bramble, which appear to be comparable to Tamarisk. Vaughn has the same total risk as Tamarisk and a beta of 1.70. Bramble, in contrast, has a very different total risk but the same market risk as Tamarisk. Bramble's beta is 1.50. The market risk premium is 5.00 percent and the risk-free rate is 1.50 percent. (a) Your answer is correct. Determine the required return for Tamarisk using the appropriate beta. (Round answer to 3 decimal places, e.g. 3.361%.) Required return 9.000 % e Textbook and Media Attempts: 1 of 3 used Using multiple attempts will impact your score. 30% score reduction after attempt 1 (b) Determine the price of Tamarisk. (Round answer to 2 decimal places, e.g. 125.61.)