Question 11 0.5 pts Questions 11 and 12 are based on the same information below. Down Under Financial recently paid a dividend of 1.80 Australian dollars (A$). An analyst has examined the financial statements and historical dividend policy of DownUnder and expects that the firm's dividend rate will grow at a constant rate of 3.5% indefinitely. The analyst also determines Down Under's beta is 1.5, the risk-free rate is 4%, and the expected return on the market portfolio is 8%. Estimate DownUnder's required return. Show all your work. Edit View Insert Format Tools Table Paragraph B IU A 12pt : 2. Tv 1 D Question 12 1 pts Based on the information of Question 11, calculate the current value of Down Under's shares. Show all your work Edit View Insert Format Tools Table 12pt Paragraph BI U ALT