Question: CAN YOU PLEASE ANSWER PART B AND SHOW STEP BY STEP CALCULATIONS. (a) Your answer is correct. Calculate the required rate of return (assume the

CAN YOU PLEASE ANSWER PART B AND SHOW STEP BY STEP CALCULATIONS.CAN YOU PLEASE ANSWER PART B AND SHOW STEP BY STEP CALCULATIONS.

(a) Your answer is correct. Calculate the required rate of return (assume the market risk premium is 7.0 percent, the risk-free rate is 1.0 percent, and the beta is 1.28). (Round answer to 2 decimal places, e.g. 11.36%.) Required rate of return 9.96 % e Textbook and Media Attempts: 1 of 3 used (b) Calculate the price of NRM based on the current dividend of $ 1.15 and a dividend growth rate of 2.0 percent. (Round intermediate calculations to 5 decimal places, e.g. 21.36125 and the final answer to 2 decimal places, e.g. 21.36.) Price $ Save for Later Attempts: 0 of 3 used Submit

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