RIO's company's ordinary shares are expected to pay $ 3.2 per share in dividends for 2 years and after which the dividends are expected to grow at 1.7% annually forever. Company ABC's shares have a beta of 1.4. The long-term return of ASX200 is 9.2% 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 10.80 % (round to 2 d.p)