4.4 Jemimah has a portfolio containing two assets A and B. Asset A will represent 45% of the rand value of her portfolio, and asset B will account for other 55%. The expected return overthe next five years for each of these assets is given below: Expected return Year Asset A Asset B 2017 12% 18% 2018 18% 9% 2019 14% 12% 2020 12% 17% 2021 15% 10% Calculate the expected portfolio return, E(Rp) for each of the 5 years. (6) 4.5 SAFARINET stock has an expected ROE of 10% per year, expected earnings per share of R5 and expected dividends of R4 per share. The required rate of return is 12%. Calculate the: 4.5.1 expected growth rate for SAFARINET. (4) 4.5.2 intrinsic value of SAFARINETs stock. (5)