pls answer 8,9

a stock in your portfolio? 8. Expected Returns (LO3, CFA2) A stock has a beta of 0.85, the expected return on the market is 11 percent, and the risk-free rate is 3 percent. What must the expected return on this stock be? 9. CAPM and Stock Price (LO3, CFA4) A share of stock sells for $35 today. The beta of the stock is 1.2 and the expected return on the market is 12 percent. The stock is expected to pay a dividend of $0.80 in one year. If the risk-free rate is 5.5 percent, what should the share price he in one var