Gold Dream Corp has an estimated beta of 1.2 and just paid a dividend of $1.8 per share. Gold Dream is expected to grow its dividends at 5% p.a. indefinitely. The Australian Govt 5-year bond is yielding 3.6% p.a. as risk free rate, and the estimated market return (S&P200 index) is 9.8% p.a.

1. Estimate Gold Dreams required rate of return.
2. Estimate Gold Dreams intrinsic value per share.