In the coming year, the General Insurance Corporation of India is expected to pay a dividend of $2.35. The market index is currently at 1340, and after a year it is expected to grow to 1460. The market's risk-free rate of return is 5 percent, and dividend yield for market is 1.47 percent. Determine the expected return if the company's beta is 1.18. The company is growing steadily, and their stocks are selling at $75. Also justify how the dividend policy is irrelevant when the dividend policy does not influence the firm value and If an increase in dividend increases share Price.