OFF Harmon, Kyle Lesson 12 Exan View Tell me ert Draw Page Layout Formulas Data Review JU Times New Roman 12 Wrap Text General ' A 0 % BIU EE Merge & Center $ % ) B Your 214) An analyst gathered the following information for a stock and market arameters: stock beta = 1.160; expected return on the Market = 10.70%; expected return on T-bills - 2.70%; current stock Price = $9.25; expected stock price in one year = $14.16; expected dividend payment next year - $2.99. Calculate the a) Required return for this stock (1.25 points): b) Expected return for this stock (1.25 points) 11.98%