Question: please show steps and some sentences i will for sure give a thumbs up thank you very much Question 1 (10 points) Suppose you are

please show steps and some sentences i will for sure give a thumbs up thank you very much please show steps and some sentences i will for sure give a

Question 1 (10 points) Suppose you are interested in investment of Mike Inc's stock for one year. The stock price is $90. You also know that the company will payout a cash dividend $1.5 per share at the end of the year. What will be the expected stock price of Mike Inc.'s at the end of year? (Assume the risk-free rate is 4%, the expected rate of return of the market index is 6%, the company's beta is 1.2)

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