Question: Please use ONLY an Excel spreadsheet for the solutionsno handwritten ones. 9. A share of stock is now selling for $165. It will pay a

Please use ONLY an Excel spreadsheet for the solutionsno handwritten ones. 9.Please use ONLY an Excel spreadsheet for the solutionsno handwritten ones.

9. A share of stock is now selling for $165. It will pay a dividend of $6 per share at the end of the year. Its beta is 1.2. What must investors expect the stock to sell for at the end of the year? Assume the risk-free rate is 4% and the expected rate of return on the market is 10%

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