2.1 2.2 Assume the share price of Nedbank is R135. The company recently paid a dividend of R5.50 per share for the 2020 fiscal year. Expected return on equity is 15% and the company normally distributes 40% of its earnings. Find the required rate of return for the company's shareholders. (5) Suppose an investor is considering the purchase of a share of the Goldy Mining Company. The stock will pay a R10 dividend a year from today. This dividend is expected to grow at 5% for the foreseeable future. The risk-free rate of return is 6% and the company's beta is estimated at 1.25. You just noticed that return on the mining index is 9% What is the price of a share of Goldy Mining Company's stock? (5) 5