A late penalty of 10% will apply to new answers, Intro Adidas stock has a beta of 1.3. The risk-free rate is 3.4% and the expected return on the market portfolio is 9% The company has just paid an annual dividend of $0.28. Dividends are expected to grow by 1% per year. IB Attempt 1/10 for 9 pts Part 1 What is the appropriate discount rate? 3+ decimals Submit - Attempt 1/10 for 9 pts. Part 2 What is the value of the stock?
