Question: answer this question for me. 3. Consider the following information about Amber Pharmaceutical's stock price. Assuming that the market is in equilibrium (i.e. Expected rate

answer this question for me.

3. Consider the following information about Amber Pharmaceutical's stock price. Assuming that the market is in equilibrium (i.e. Expected rate of return = required rate of return): Year Year-end stock price 31-Dec-'17 $666 31-Dec-'18 878 31-Dec-19 768 31-Dec-20 868 The market risk premium is 8%, and the risk-free rate is 4%. How much is the unsystematic risk for Renata Pharmaceuticals? [7 Marks]

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