The Current Price of Stock Y Is $12

The current price of Stock Y is $12.It is expected that the stock will pay an annual dividend of $0.60 and sell for $13.50 in one year.The risk-free rate is 6 percent.The expected return on the market portfolio is 14 percent with a standard deviation of 17 percent.Assume the market is in equilibrium.What is the beta of Stock Y?

A) 0.70
B) 0.96
C) 1.25
D) 1.44