Having a beta coefficient of 1.2, Siong Corporation pays out 40% of its earnings in dividends, and the latest earnings announced were $10 per share. Dividends were just paid and are expected to be paid annually. You expect that Siong will earn an ROE of 20% per year on all reinvested earnings forever. The risk-free rate of return is 8%, the expected rate of return on the market portfolio is 15%. (i) What is the intrinsic value of a share of Siong stock? (ii) If the market price of a share is currently $100, and you expect the market price to be equal to the intrinsic value one year from now, what is your expected 1-year holding-period return on Siong stock