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show the steps plz.

The expected return on the market is 15.35 percent, the inflation rate is 2.53 percent, and the risk-free return is 3.19 perc

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Answer #1

growth rate=64.89/59.83-1

required rate of return

=8.46%

required rate of return on stock

=(2.73/59.83)+8.46%

=13.02%

Refersher's beta

=(13.02%-3.19%)/(15.35%-3.19%)

=0.81

the above will be answer..

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