plete) HW Score: 32.14%, 9 of 28 pts P8.19 (similar to) Question Help Assume a major investment service has just given Oasis Electronics its highest investment rating, along with a strong buy recommendation. As a result, you decide to take a look for yourself and to place a value on the company's stock. Here's what you find: This year, Oasis paid its stockholders an annual dividend of $2.28 a share, but because of its high rate of growth in earnings, its dividends are expected to grow at the rate of 12% a year for the next 4 years and then to level out at 8% a year. So far, you've learned that the stock has a beta of 1.86, the risk-free rate of return is 7%, and the expected return on the market is 11%. Using the CAPM to find the required rate of return, put a value on this stock. Using the CAPM, the required rate of return on the investment is %. (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. ? 1 part remaining Clear All Check Answer Tyne here to search HI ENG 1:22 AM