Question: You have until 6:42 PM to complete this assignment Intro Adidas stock has a beta of 1.5. The risk-free rate is 2.2% and the expected

 You have until 6:42 PM to complete this assignment Intro Adidas

You have until 6:42 PM to complete this assignment Intro Adidas stock has a beta of 1.5. The risk-free rate is 2.2% and the expected return on the market portfolio is 6%. The company has just paid an annual dividend of $0.29. Dividends are expected to grow by 2% per year. Attempt 1/1 for 10 pts. Part 1 What is the appropriate discount rate to use as the required rate of return? 31 decimals Submit

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