possible Assume a major investment service has just given Big Lake Realty 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. Horo's what you find. This year Big Lake paid its stockholders an annual dividend or $4 27 a share, but because of its high rate of growth in earnings, its dividends are expected to grow at the rate of 8% a year for the next five years and then to level out at 5% a year. So far, you've learned that the stock has a beta of 1. 19, the risk-free rate of return is 4.3%, and the expected return on the market is 11.1%. Using the CAPM to find the required rate of return, put a value on this stock CERED Using the CAPM the required rate of return on the investment is 12.39% (Round to two decimal places) The value of the company's stock is (Round to the nearest cent)