Q4) An analyst gathered the following information for a stock and market parameters: stock beta = 1.45; expected return on the Market = 11.10%; expected return on T-bills = 2.80%; current stock Price = $6.73; expected stock price in one year = $12.34; expected dividend payment next year = $2.77. Calculate the a) Required return for this stock (1 point):

b) Expected return for this stock (1 point):