Miltmar Corporation will pay a year-end dividend of $4, and dividends thereafter are expected to grow at the constant rate of 6 % per year. The risk-free rate is 4% , and the expected return on the market portfolio is 10 % , The stock has a beta of 0.68. a. Calculate the market capitalization rate. (Do not round intermediate calculations. Round your answer to 2 decimal places.) 810 % Market capitalization rate b. What is the intrinsic value of the stck? (Do not round intermedinte calculations. Round your answer to 2 decimal Noxt