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RIO's company's ordinary shares are expected to pay $ 3.4 per share in dividends for 3 years and after which the dividends are expected to

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RIO's company's ordinary shares are expected to pay $ 3.4 per share in dividends for 3 years and after which the dividends are expected to grow at 1.9% annually forever. Company ABC's shares have a beta of 1.3. The long-term return of ASX200 is 8.7% and the market risk premium is 6%. 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 % (round to 2 d.p) b. The implied price per share is $ (round to 2 d.p.)

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