Q4) An analyst gathered the following information for a stock and market parameters: stock beta = 1.19; expected return on the Market = 8.80%; expected return on T-bills = 3.50%; current stock Price = $7.85; expected stock price in one year = $11.97; expected dividend payment next year = $4.05. Calculate the a) Required return for this stock (1 point): b) Expected return for this stock (1 point)