Oasis Electronics has just been raised to a strong buy at one of the major brokerage firms. This year, Oasis paid an annual dividend of $3 per share. Its dividends are expected to grow at 12% for the next 2 years, 10% in year 3 and to level off at 9% per year after that. Further, the stock has a beta of 1.8, risk-free rate is 6%, and the expected return on the market is 11%. Using the CAPM to find the Required Rate of Return (ROR), and put a value on this stock.