An analyst gathered the following information for a stock and market parameters: stock beta = 0.8; expected return on the Market = 12.7%; expected return on T-bills = 4.8%; current stock Price = $8.51; expected stock price in one year = $13.37; expected dividend payment next year = $1.14. Calculate the required return and expected return for this stock. Required Return (4 decimal places): Expected Return (4 decimal places):