Jersey jewel mining has a beta coefficient of 1. Currently the risk-free rate is 5% and the anticipated return on the market is 11%. JJM pays a $4.50...

Jersey jewel mining has a beta coefficient of 1.2. Currently the risk-free rate is 5% and the anticipated return on the market is 11%. JJM pays a $4.50 dividend that is growing at 6% annually.a.What is the required return for JJM?b.Given the required return, what is the value of the stock?c.If the stock is selling for $80, what should you do?d.If the beta coefficient declines to 1.0, what is the new value of the stock?e.If the price remains $80, what course of action should you take given the valuation in (d)?