Calculate its beta for the stock of foster company

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Given the following information for the stock of Foster Company, calculate its beta,

Current price per share of common ............. $50.00

Expected dividend per share next year ........... $ 3.00

Constant annual dividend growth rate ............. 9%

Risk-free rate of return .................. 7%

Return on market portfolio ................. 10%

Reference no: EM131131792

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