a) Iriz's stock is currently selling for RM160.00 per share and the firm's dividends are expected to grow at 5% indefinitely. In addition, Iriz's most recent dividend was RM5.50. The expected risk-free rate of return is 3%, the expected market return is 8%, and Iriz has a beta of 1.20. Required: Calculate the expected return based on the dividend growth model. i. (2 Marks) ii. What is the required return based on the CAPM? (2 Marks) Would Iriz be a good investment at this time? Explain. ii. (2 Marks) b) Mr. & Mrs. Rashan wish to purchase a boat in 8 years when they retire. They are planning to purchase the boat using proceeds from the sale of their property which is currently worth RM90,000 and its value is growing at 7% a year. The boat is currently worth RM200,000 increasing at 5% per year. In addition to the value of their property, how much additional money should they deposit at the end of each year in an account paying 9% annual interest in order to be able to buy the boat upon retirement? (4 Marks)