RIO's company's ordinary shares are expected to pay $ 2.3 per share in dividends for 4 years and after which the dividends are expected to grow at 1.2% annually forever. Company ABC's shares have a beta of 1.1. The long-term return of ASX200 is 8.5% and the market risk premium is 4%. a. What is the expected return of RIO's shares according to the CAPM? b.What is the implied price per share? a. The expected return of RIO's shares is 1% (round to 2 d.p) b. The implied price per share is $ (round to 2 d.p.)