Harris Co. has a beta of 1.16. If the market risk premium is 4.0% and the current T-bill rate is 1.8%, what is Harris Co's required rate of return? Enter your answer as a decimal and show 4 decimal places. For example, if your answer is 7.5%, enter .0750. Peral Inc is on a temporary downward trend. Its stock will pay its next dividend of $3.36 exactly one year from now and then annual dividends will grow at a rate of 2% for each of the subsequent 2 years. However, after the stock pays its third dividend, all future dividends will grow at 4% per year every year thereafter. Estimate the stock's intrinsic value today. Use a discount rate of 9.2% and round your answer to the nearest penny