*CANNOT USE EXCEL TO SOLVE. CAN USE CALCULATOR FUNCTIONS. PLEASE SHOW ALL STEPS.

Q:The beta of Stock A is 0.7 (indicating that its returns rise when returns on most other stocks fall). If the risk-free rate is 6.5 percent and the expected rate of return on an average stock is 12.2 percent, what is the required rate of return on Stock A?

Q:Stock Zs beta coefficient is b_Z = 0.9. The risk-free rate is 6 percent, and the expected return on an average stock is 11 percent. The current price of Stock Z, P₀, is $80; the next expected dividend, D₁, is $2.80; and the stocks expected constant growth rate is 9.5 percent. Which of the following is correct?

Q:Minnick Enterprises recently paid a dividend, D ₀, of $2.00. It expects to have nonconstant growth of 35 percent for 2 years followed by a constant rate of 4.5 percent thereafter. The firms required return is 8.5 percent. What is the stocks intrinsic value today?