Janet Ludlow's firm requires all its analysts to use a two-stage DDM and the CAPM to value stocks. Using these measures, Ludlow has valued QuickBrush Company at $63 per share. She now must value SmileWhite Corporation. a. Calculate the required rate of return for SmileWhite using the information in the following table: December 2018 Note: Risk-free rate =3%; expected market return =14%. Instruction: enter your answer as a percentage rounded to 1 decimal place. Required rate of return % b. Ludlow estimates the following EPS and dividend growth rate for SmileWhite in the future: Estimate the intrinsic value of SmileWhite in December 2018 using the table above and the two-stage DDM. Dividends per share in 2018 were $1. Instruction: enter your answer as a decimal number rounded to 2 decimal places. Intrinsic stock value in 2021 : Intrinsic stock value in 2018